Chase India Proposes Setting Up Self-Regulatory Body for Digital Lending Industry Amid Crackdown on Loan Apps

Chase India Proposes Setting Up Self-Regulatory Body for Digital Lending Industry Amid Crackdown on Loan Apps

Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry. The report on whitelisting framework for digital lending apps (DLAs) intends to support the industry, as it will add legitimacy to…