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Digital Loan Sharks

Indulekha Aravind January 19, 2021


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The growing number of unregulated loan apps, many with Chinese links, and the harassment of borrowers has caught the regulator’s eye. Srikanth L of advocacy group Cashless Consumer and ET’s Shailesh Menon and Venkat Ananth discuss the modus operandi of these apps, how they proliferated with ease and the red flags to watch out for.

Credits : Editor - Devina Sengupta & Nehal Chaliawala, Producer - Surbhi Modi & Ajay Menon, Sound Editor - Anil Chauhan, Coordinator - Nehal Chaliawala