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MoS corporate affairs Harsh Malhotra said that action was taken under section 69A of the Information Technology Act, 2000
Malhotra further added that probes are carried out “from time to time” under the Companies Act against firms involved in online lending, and appropriate action is taken against errants
Last year, the Centre was probing various illegal Chinese lending apps over allegations like charging exorbitant interest rates, unfair business conduct, and unethical recovery…
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MoS corporate affairs Harsh Malhotra said that action was taken under section 69A of the Information Technology Act, 2000
Malhotra further added that probes are carried out “from time to time” under the Companies Act against firms involved in online lending, and appropriate action is taken against errants
Last year, the Centre was probing various illegal Chinese lending apps over allegations like charging exorbitant interest rates, unfair business conduct, and unethical recovery…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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