Central government proposes crackdown on unregulated lending, may ban loan apps and impose ₹1 crore penalty, 10-year jail term. Apps giving loans without permission will now be banned: Government introduced draft bill; ₹1 crore fine and 10 years jail for violation

hindi news Business Central Government Proposes Crackdown On Unregulated Lending, May Ban Loan Apps And Impose ₹1 Crore Penalty, 10…