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Coordinated efforts taken to contain Chinese loan apps: Nirmala Sitharaman in Rajya Sabha

Responding to a zero-hour issue raised by a Trinamool Congress MP, she said action has been taken against apps that are cheating people by offering loans

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Finance Minister Nirmala Sitharaman. Pic/PTI

Finance Minister Nirmala Sitharaman. Pic/PTI

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chinese mobile apps offering easy loans and cheating people, Finance Minister Nirmala Sitharaman said in Rajya Sabha on Friday.

Responding to a zero-hour issue raised by a Trinamool Congress MP, she said action has been taken against apps that are cheating people by offering loans.

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