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