Google Removes Fraudulent Loan Apps

Business

Finance Minister Updates Parliament on Crackdown: 2,500+ Fraudulent Loan Apps Removed by Google

Google has removed over 2,500 fraudulent loan apps from its Play Store between April 2021 and July 2022, according to Finance Minister Nirmala Sitharaman’s statement in Parliament. The government, in collaboration with the Reserve Bank of India (RBI), is actively addressing the issue of fraudulent loan apps. The Financial Stability and Development Council (FSDC) regularly monitors and discusses the matter.…