How to find out if a digital lending platform is fake

In a recent speech, prime minister Narendra Modi appreciated the contribution of Indian fintech players to India’s economy. He focused on the fact that 40% of the world’s digital transactions are taking place in India, emphasizing the growth of the industry and its inclusiveness. While there has been a rise in the number of customers transacting through digital platforms, we are also witnessing the rise in fake lending platforms which are tarnishing the image of the digital lending industry.

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