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ru24.net
News in English
Сентябрь
2022

India's finance minister Nirmala Sitharaman outlines steps to ward off illegal loan apps

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The points of concern during the meeting included increasing instances of illegal loan apps offering loans/micro credits, especially to vulnerable & low-income group people at exorbitantly high interest rates and processing/hidden charges, and predatory recovery practices involving blackmailing, criminal intimidation.



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