Many such changes have taken place in the era of digital revolution in the country. If people have benefited from these changes, then there has also been a lot of loss. Especially talking about loan, earlier taking loan from banks was considered a difficult task. Now the situation is that every other day a new app comes in the market. Those who claim that the money will be credited to the account in a few seconds. Actually, the market of fake loan apps has become flooded.
These apps are cheating you in the name of giving you loan within minutes. Now these apps are not good. Because the Reserve Bank of India is going to prepare a new system. After which fake loan apps will not be able to even think of messing with the public, let alone messing with them. Let us tell you what is the complete plan
RBI is preparing new system
The Reserve Bank of India is making a system to deal with this app. Under this, the apps which are not linked to the banking regulatory system will be deactivated. This means that now these apps will have to lend to people only by staying within the ambit of banking regulatory. According to media reports, RBI had recently asked non-banking finance companies to share the list of their respective apps. It is believed that RBI will start work on implementing the new system faster. According to sources, RBI had shared this detail of the list of non-banking apps with the Finance Ministry.
Action taken on companies
After the list was shared by the RBI to the Finance Ministry, action was also taken against some fake loan disbursing companies. But in recent times, cases of some Chinese apps have come to the fore. These apps are fraudulently taking people in their clutches in the name of giving loans. If RBI implements the new system, then the problems of these apps will increase. In fact, many such cases have also been seen in which it has been found that some people are doing the work of giving loans in a fake way even after forming a group on social media. That's why RBI is strictly considering it.
