Sunday, December 19, 2021

Enforcement Directorate arrests NBFC CEO in probe against Chinese-backed loan apps

e was later produced before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad that sent him to 15 days' judicial custody, the agency said in a statement. The action is linked to the ED's investigation against a number of Indian NBFCs which are in the business of instant personal loans through mobile apps (applications). https://ift.tt/32h1Aay

No comments:

Post a Comment

PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...