Sunday, 03 July 2022

 

 

LATEST NEWS Shri Gou Gopal Paryavaran Sammelan Police arrests 02 notorious drug peddlers in Pulwama Police Hospital Jammu celebrated National Doctor's Day One month Re-Orientation Course" for all In-Charge M.I Rooms of Armed & IR Battalions of Jammu province concludes Mansukh Mandaviya to Pharma Industry: Time to move from ‘Volume’ to “Value’ leadership to capture global market Dr. Jitendra Singh calls for promoting StarUps in "carbon neutral" building construction and linking them with industry to help India achieve 500GW non-fossil energy capacity by 2030 Dharmendra Pradhan visits IIT Hyderabad, inaugurates a slew of facilities for strengthening research, innovation and entrepreneurship Rajnath Singh dedicates to the nation new manufacturing facilities at Bharat Dynamics Limited, Bhanur Minister Rajeev Chandrasekhar visits UK PM Boris Johnson along with Startups, Unicorn Heads from India NITI Aayog releases ‘Mitigation and Management of COVID-19: Compendium of Ayush-Based Practices from Indian States and Union Territories’ Ram Chandra Prasad Sigh Exhorts NMDC to Enhance Exploration of Minerals using latest Technology and best Industry Practices Ram Chandra Prasad Singh Highlights Immense Possibilities of Utilization of Waste Generated during Mining, Steel Manufacturing Process and end of life products Punjab Chief Minister Bhagwant Mann Launches Honey Coated ‘Corn Flakes’ Produced By Markfed Uorfi Javed Shows Her Injured Neck After Sharing Her Photo In Chain Dress. Says, ‘See The After Effects’ DDC Reasi reviews developmental achievements under Capex Budget plan 2022-23 DDC reviews skill development activities in Rajouri Achieve development targets on time with tangible results on ground: DDC Rajouri DDC reviews drinking water supply scenario in Rajouri Regional Transport Authority approves e- Rickshaw permits Workshop on Establishment of New Fruit Plant Nurseries held at Maralian Horticulture department hosts training for ITI students

 

Google deadline for personal loan apps in India to comply with new rules ends

Google, Social Media, New Delhi, Tech Giant Google, Reserve Bank Of India, RBI, Non-Banking Financial Companies, NBFC

Web Admin

Web Admin

5 Dariya News

New Delhi , 10 May 2022

Tech giant Google announced that it now requires personal loan apps in India to complete the additional proof of eligibility requirements and the deadline for this was set to end on Wednesday. The eligibility includes copy of their license by the Reserve Bank of India (RBI), and declaration that they are not directly engaged in money lending activities and are only providing a platform to facilitate money lending by registered Non-Banking Financial Companies (NBFCs) or banks to users. "If you are licensed by the RBI to provide personal loans, you must submit a copy of your license for our review," the company said in a blogpost. "If you are not directly engaged in money lending activities and are only providing a platform to facilitate money lending by registered Non-Banking Financial Companies (NBFCs) or banks to users, you will need to accurately reflect this in the declaration," it added. 

In addition, the names of all registered NBFCs and banks must be prominently disclosed in the app's description, the company said. Google also said to ensure that the developer account name matches the name of the associated registered business name provided through your declaration. The company mentioned that Indonesia and the Philippines, along with India, should complete the additional proof of eligibility requirements. Meanwhile, Google also said that it is all set to ban third-party call-recording apps from Wednesday as a part of the changes in its Play Store policies. According to media reports, Google claimed that it seeks to close alternative use accessibility application programming interfaces (APIs) for things other than accessibility. Accessibility Service APIs are tools that offer additional services that can help those with disabilities overcome challenges.

 

Tags: Google , Social Media , New Delhi , Tech Giant Google , Reserve Bank Of India , RBI , Non-Banking Financial Companies , NBFC

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD