Zerodha's Nithin Kamath warns people of illegal predatory loan apps

Posted on:
Key Points

Amid rising cases of harassment by predatory loan applications, Zerodha founder Nithin Kamath warned people of being aware of shady applications..

He also advised people who are victims of such fraud cases to immediately file a complaint at https://cybercrime.gov.in or call 1930..

There has been a spate of suicides due to harassment by loan agents of shady and illegal predatory loan apps..

Nithin Kamath also drew attention to how users are able to find such shady applications on app stores and pitched ideas that more app stores should do more to filter these shady applications...

You might be interested in

‘We have laws to protect you from harassment’: Zerodha’s Nithin Kamath cautions against predatory loan apps

19, Jul, 23

Kamath urged people who are facing such harassment from loan agents of “shady and illegal predatory loan apps” to file a complaint with the government’s National Cyber Crime Reporting Portal (NCCRP).

Zerodha faces multiple outages; CEO Nithin Kamath reveals reason behind snag

06, Dec, 23

On the day that Sensex and Nifty were at an all-time high, investing application Zerodha faced multiple outages, logging people out of their accounts.

Apple WWDC 2023: New privacy and security features announced for iPhones, iPads, Apple Watch and other Apple devices

05, Jun, 23

Apple WWDC 2023: New safety features include major updates to Safari Private Browsing, Communication Safety, and Lockdown Mode, as well as app privacy improvements.

Nithin Kamath shares plight of loan shark victim, cautions against illegal finance apps. What are they?

10, Jan, 24

Zerodha co-founder Nithin Kamath shared the plight of a loan shark victim who ended up facing threat calls over repayment