Finance Ministry and Google collaborate to eliminate more than 4,700 fraudulent loan applications from Play Store
Speaking on the spread of illegal loan apps, Finance Minister Bhagwat Karad told the Rajya Sabha that the Ministry of Electronics and Information Technology in collaboration with Google has successfully removed 4,700 fraudulent apps from the Play Store in the last 2.5 years, while the RBI shared a list of over 400 such apps with MeitY. MoS Karad revealed that the government has actively collaborated with regulatory bodies like the Reserve Bank of India and other stakeholders to curb the menace of illegal loan applications. Karad emphasized his proactive attitude…
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