Government and RBI Strengthen Measures Against Fraudulent Loan Apps

• A coordinated RBI + MoF + MeitY + MHA regulatory push to clean up the digital lending ecosystem, plagued by illegal/unregulated Digital Lending Apps (DLAs) that engage in predatory rates, data abuse and coercive recovery.
• Anchored on the RBI (Digital Lending) Directions, 2025 and an RBI-hosted DLA Directory for citizen verification.
• Relevant for GS-II (Governance, Consumer Protection) and GS-III (Banking, Cyber Security, Digital Economy).