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Reserve Bank of India Tightens Noose on Fraudulent Chinese Lending Apps

Source: india.com india.com
News Snapshot:

Home > Business { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [{ "@type": "ListItem", "position": 1, "item": { "@id": "https://www.india.com", "name": "Home" } },{ "@type": "ListItem", "position": 2, "item": { "@id": "https://www.india.com/business/", "name": "Business" } }] } Reserve Bank of India Tightens Noose on Fraudulent Chinese Lending Apps To protect customer's interests further, the RBI guidelines stated that all fees and charges payable to the loan service provider must be paid by the lender and not by the borrower. Updated: August 18, 2022 12:17 AM IST By IANS Edited by Sumaila Zaman Follow Reserve Bank of India Tightens Noose on Fraudulent Chinese…

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