Govt mulls banning around 300 predatory money lending apps, most of which are based in China Govt mulls banning around 300 predatory money lending apps, most of which are based in China New Delhi: Imagine you are in desperate need of urgent money but lack the guarantees and time for paperwork routinely required for bank loans. You see a pop-up on your smartphone offering instant, no-questions-asked loans. You download the app, sign up and as you do with other apps, consent to the necessary data access permissions. You receive the loan amount in your account. A week goes by and…