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Google removes over 2,000 personal loan apps since Jan on safety concerns

Several borrowers have complained of harassment and blackmailing on loan repayment on the platforms

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'The problem with the lending apps operating in India was unique as the apps may look perfect but still be a threat to the users in the real-world'

Sourabh Lele New Delhi

2 min read Last Updated : Aug 25 2022 | 8:26 PM IST

Google said it has removed over 2,000 personal loan apps — or more than half of the total apps in the category — from Google Play India since the beginning of the year, mainly due to user safety concerns.

Senior Director and Head of Trust & Safety for Google Asia-Pacific Saikat Mitra said, “Supported by local research and feedback from our stakeholders, we have been updating the Google Play policies associated with personal loan apps in India.”

Mitra added that the technology giant has been assisting law enforcement agencies in their investigation.

The issue of unregulated personal loan apps attracted

Topics : Google Personal Loan Reserve Bank of India Personal loans Google India Google apps Google Play Store Google Play apps Apps Central bank Google Play Protect

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