Menu

Press Release

Jul 14, 2023

Government action on illegal lending apps is correct, says fintech industry body FACE

Fintech Association for Consumer Empowerment (FACE), the industry body of fintech lenders, has announced that it wholeheartedly supports the central government’s actions and the policy intent to ban predatory lending apps with dubious antecedents. This, it said, would ensure that only legitimate lending apps operating under the RBI’s regulatory framework are available…..