Catergory

consent scam

Explainer: Bharat Financial Inclusion Limited Loan 'glitch'

Bharat Financial Inclusion Limited recently admitted to disbursing 84,000 loans without customer consent owing to a ‘technical glitch’. Though the bank took some steps upon the receipt of the complaints, there is little regulatory oversight and acknowledgement of these instances in general.
16 March, 2022
7 min read

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