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Chinese loan apps case: MHA asks states, UTs to take urgent action against predatory Chinese lending apps

Shortpedia
Content Team
Image Credit: pixabay

The Union Home Ministry has sought urgent strict action by law enforcement agencies against predatory lending apps as harassment, blackmail and harsh recovery practices by such Chinese-controlled entities have led to multiple incidents of suicides. In a communication to all states and Union territories, the home ministry said the issue has caused a serious impact on national security, economy and citizen safety.


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