Tag: Loan Apps

Google removed 2,500 apps from Play Store, these apps used to scam people in the name of giving loans

Cybercrime, online fraud, and scam cases are on the rise in our technological age. The government is now strictly enforcing laws against internet fraud. The central government is always coming up with new policies to manage this.

The Indian government had appealed to Google to take down fraudulent loan apps from the Google Play Store. In response to a request, Google has taken some 2,500 apps out of the Play Store.

Information regarding the apps that were taken down from the Play Store was provided by Finance Minister Nirmala Sitharaman in the Lok Sabha. The government was planning to remove fraud loan apps for quite some time, she said. In the name of providing loans, the apps that were removed made people victims of fraud.

Let us inform you that Google has modified its loan-giving app policy. Google has updated its policies. All such apps that advertise on the Google Play Store as offering loans to users will have to abide by the guidelines. Approximately 2500 of the approximately 3500 fraudulent lending apps that Google discovered have been taken down.

Ban removed from these apps; Central Government lifted the ban after submitting the report

More than 232 apps that were related to loans and gambling were recently outlawed in India by the government. The government had claimed that these apps had ties to China, although several of these apps are no longer prohibited.

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The apps from which the prohibition has been lifted, according to the authorities, are connected to India. On February 5, the authorities outlawed 94 loan-giving applications and 138 betting apps. The Center’s judgment has brought a great deal of relief to the users who use them.

Ban removed from these apps

The Ministry of Electronics and Information Technology reportedly required all enterprises to submit their one-week functioning report when these apps were prohibited. The Center has totally revoked the prohibition on LazyPay, Kissht, IndiabullsHomeLoans, BuddyLoan, faircent, KreditBee, and mPokket following the working report.

Action taken under IT Act

The Ministry of Home Affairs had recommended the apps that the Ministry of Electronics and Information Technology had prohibited. Section 69 of the IT Act was used to impose the app restriction.

Government of India banned 232 Google apps, loan and betting apps were included in these

The Indian government has chosen to ban hundreds of Google apps, which is a significant move. The Indian government has taken stringent measures and decided to ban these apps since it was claimed that they were actually quite harmful to Indians.

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There are some betting apps and loan apps among these. These applications put Indian smartphone users in significant danger.

232 apps included

There are 232 apps that the Indian government has banned, including 94 loan apps and 138 gambling apps. Apps were banned in India under section 69 of the IT Act.

Let us notify you that every app that India has banned has ties to China and was considered a threat to Indian users’ personal information. Let us inform you that although these applications have been taken down from the Google Play Store, they are still available on other websites and may still be downloaded there by Indian consumers.

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