1 / 5

CHECK NEWS ABOUT KISSHT CRACKDOWN IN INDIA

For some time, borrowers are in a position of uncertainty and are confused about whether to believe in Kissht Crackdown news or not.

Kisshtreviews
Download Presentation

CHECK NEWS ABOUT KISSHT CRACKDOWN IN INDIA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CHECK NEWS ABOUT KISSHT CRACKDOWN IN INDIA

  2. With the rapid growth in the financial technology sector, digital lending is constantly emerging as the biggest factor to boost and re-energise the Indian economy. Leading Indian lending platforms like Kissht are constantly driving borrowers to the brink. But amidst all this good news, some rumours are spoiling the whole atmosphere. For some time, borrowers are in a position of uncertainty and are confused about whether to believe in Kissht Crackdown news or not.

  3. DISCUSSION ON KISSHT CRACKDOWN WITH MEITY OFFICIALS Actually, the Ministry of Electronics and Information Technology (MeitY) was receiving numerous complaints regarding malpractices in the FinTech sector. There were reports related to extortion, abuse, threats, financial losses, security issues related to sensitive information etc. They immediately decided to form a committee to further look into the matter. The committee then started its investigation and found that there were 138 betting and 94 loan apps having links with China. They were also violating the norms set by MeitY and were proving to be a threat to our financial security.

  4. KISSHT- THE MOST CREDIBLE FINTECH PLATFORMS Right by mistake but as a result of this, Kissht had to face this ban only for a few hours. As soon as the MeitY officials realized their mistake, they immediately revoked the blocking orders. They also released a media report to confirm that fintech players like Kissht are relieved in the matter and are still one of the most credible FinTech platforms. They decided to do so when Kissht and other non-guilty platforms submitted their presentations into the matter.

  5. IN A NUTSHELL The officials also reacted later on and expressed the Indian lenders who shared their Kissht Reviews. They release the official statement that the inconvenience is deeply regretted and we assure the lenders to support genuine and credible FinTech players like Kissht in the future. These are credible and fully compliant apps and all digital lenders can continue using their seamless credit solutions. They are working towards greater financial inclusivity in the country and the government appreciates the efforts they are making. So, this is all we have to tell our audience about Kissht Crackdown in India.

More Related