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Retailopædia

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Consumer financial risk / digital lending regulation confidence 68/100

India's Instant Loan Apps: Real Predatory Risk, But Rate Claims Need Sharper Sourcing

Core concerns around triple-digit APRs, harassment, and borrower suicides are well-documented—but conflating illegal operators with RBI-registered NBFCs overstates systemic risk and weakens credibility.

bt-corporate · 6/28/2026, 10:54:45 AM · Ask about this →