Google action..! 2000 loan apps banned..!?

Sowmiya Sriram
Google action..! 2000 loan apps banned..!?

Lakhs of people across india are not only losing money through these fake loan apps but are also driven to the point of suicide due to a lack of peace of mind. In this situation, google has made an important announcement. Since January, google has removed more than 2,000 loan apps from the india Play Store based on factors such as violation of norms. And malicious activity in online services is now a "global phenomenon". Mitra emphasized that Google's priority and its core values have always revolved around user security.
Cases are being registered against many fraudulent loan processors in India. Against these complaints, the cyber police department and many states including maharashtra have been caught by the companies and their employees, and the credit processing companies that have emerged from fraud have chosen the social website as an alternative way to capture new customers.
A few days ago, the reserve bank of india announced major regulations to regulate such wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital loan service providers as frauds are increasing day by day and the number of victims is increasing.
Finance minister Nirmala Sitharaman said while speaking in the rajya sabha a few days ago.The wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital credit segment in china is huge, taking into account the consumer economy in the credit market. In fact, it is unable to control these wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital loan companies in China. Thus, while many private companies in china have directly and indirectly achieved huge growth and profits, india is unwilling to promote the sector. For this purpose, the Central Government, Ministry of Finance, Reserve Bank, and Cyber police Department officials are planning and working.
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