India's central government has drafted legislation to combat predatory lending practices by unregulated entities, including ...

The draft bill proposes that “any lender who offers loans, either digitally or otherwise, in violation of this law, shall be ...

The finance ministry has released a draft bill titled the Banning of Unregulated Lending Activities (Draft) Bill for public ...

Besides investigating agencies, the competent Authority would have to share all information to regulators and income tax ...

The government drafted a bill to combat illegal lending. The bill proposes a 10-year jail term and a ₹1 crore penalty for violators. An online database of approved lenders will be created. The ...

The working group had suggested a set of measures, including introducing legislation for banning unregulated lending ...

The Indian government has introduced a draft bill aimed at curbing unregulated lending practices, especially those conducted ...

Proposed BULA Bill aims to ban unregulated lending activities, with penalties including jail terms and fines up to ₹1 crore.

The government has proposed a bill to regulate digital lending and create an online database listing authorized lenders while ...

Illegal loan apps have thrived over years leading to a total chaos in the small loan market. It is time to rein in such loan sharks ...

India’s Finance Ministry invites stakeholder consultation on draft bill to ban unregulated lending, targeting illegal digital ...

The draft of a bill to ban unregulated digital lending has been shared to seek feedback and comments, which has provisions to ...