Wednesday, 08 February 2023

 

 

LATEST NEWS Bhagwant Mann Invites Industrial Captains To Be Part Of Invest Punjab Summit Bhagwant Mann Announces To Lay Major Thrust On Development Of Industry In Border Districts Of The State Bhagwant Mann Pats Girl Students Of Amritsar School For Manufacturing Chip For ISRO Sports Minister Meet Hayer honours Indian Hockey players DC Rajouri Vikas Kundal inspects facilities in Addiction Treatment Facility of GMC & AH DC inaugurates JK Bank CRMs at Cama Housing Colony, Gole Market Udhampur Kultar Singh Sandhwan discussed with MLAs and Thinkers regarding Mother Language Day DDC Rajouri Vikas Kundal launches construction work on Saaj Bassan to Dhakan Road Project Awareness program on Menstrual Hygiene held at BHQ Bishnah Arun Gandotra chairs JKLFCs’ 245th Board of Directors meeting PD&MD holds regional workshop on Sustainable Development Goals Ensure availability of quality oils for agri, horticulture sectors : Atal Dulloo asks officers Nushrratt Bharuccha shares sneak-peek of 'Akelli' Punjab to soon be front-running industrial hub : Bhagwant Mann Two Nigerians held for duping woman of Rs 70,000 Clare Connor, Justin Langer, Graeme Smith join MCC World Cricket Committee Punjab to reduce paddy straw burning cases by 50% : Vijay Kumar Janjua Phoebe Litchfield, Beth Mooney, Grace Scrivens shortlist for ICC Women's Player of the Month for January 2023 She was in pain and wanted me to hit more sixes': Chris Gayle recalls when he broke a fan's nose with a six Olivia Colman is unrecognisable in the new 'Great Expectations' trailer Shubman Gill, Mohammad Siraj in shortlist for Men's Player of the Month for January 2023

 

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
© 2011-2023 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD