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Real Truth behind Kissht Loan, Kissht Crackdown, Reviews and Banned News

According to Kissht news, Meity officials found that there were a few suspicious loan and betting apps that donu2019t run their operations authentically and have Chinese links.

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Real Truth behind Kissht Loan, Kissht Crackdown, Reviews and Banned News

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  1. REAL TRUTH BEHIND KISSHT LOAN, KISSHT CRACKDOWN, REVIEWS AND BANNED NEWS

  2. RECENTLY, THE MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY (MEITY) TOOK ACTION AGAINST SOME LEADING DIGITAL MONEY LENDING AND BETTING APPS. THE GOVERNMENT GOT VITAL INFORMATION ON THESE APPS HAVING CHINESE LINKS. ACCORDING TO KISSHT NEWS, MEITY OFFICIALS FOUND THAT THERE WERE A FEW SUSPICIOUS LOAN AND BETTING APPS THAT DON’T RUN THEIR OPERATIONS AUTHENTICALLY AND HAVE CHINESE LINKS.

  3. LATER ON, THE INCIDENT ACCELERATED USERS’ FEAR WHEN THE ENQUIRY ON CHINESE APPS BROUGHT INDIAN LENDING APPS LIKE KISSHT LOAN INTO THE LINE OF FIRE. AROUND MORE THAN 232 APPS WERE FOUND TO HAVE LINKS WITH CHINA. IN THE LIST, THERE WERE 138 BETTING APPS AND 94 LOAN APPS. ACTUALLY, MEITY OFFICIALS FIRST ASKED ALL FINTECH PLATFORMS TO SUBMIT SOME IMPORTANT DOCUMENTS. THEIR INTENTION WAS JUST TO VERIFY IF THEY ARE RUNNING THEIR OPERATIONS ON LEGAL GROUNDS AND ARE FOLLOWING ALL THE RULES AND REGULATIONS SET BY RBI.

  4. NEWS REGARDING KISSHT CRACKDOWN LATER, THERE WAS NEWS IN THE MEDIA REGARDING KISSHT CRACKDOWN AS INCLUDING THE POPULAR DIGITAL LOAN APP, THERE WERE A FEW OTHER FINTECH COMPANIES THAT HAVE BEEN CAUGHT IN THE CROSSFIRE OF THE RECENTLY IMPOSED BAN ON CHINESE LENDING APPS. THEIR ADMINISTRATIVE HEADS RUSHED IMMEDIATELY TO DELHI TO PROVE THEIR INNOCENCE IN THE MATTER. THE HIGHLY RESPECTED AND GENUINE PERSON, KISSHT FOUNDER AND OTHER LEADING PLATFORMS’ ADMINISTRATIVE HEADS MET WITH MEITY OFFICIALS TO UNDERSTAND WHY THEY IMPOSE SUCH A HARSH BAN ON THEM.

  5. THE OFFICIALS HAVE ALSO SUGGESTED TO DIGITAL LENDERS SOME CRUCIAL STEPS TO FOLLOW WHILE BORROWING MONEY FROM DIGITAL APPS. THEY ADVISED EVERY USER TO REMAIN CURIOUS ALL THE TIME AND READ ALL THE TERMS AND CONDITIONS. ALWAYS CHECK KISSHT REVIEWS AND OTHER CUSTOMER FEEDBACK, QUERIES, FAQS ETC. TO REMAIN UPDATED WITH YOUR RIGHTS TO AVOID BEING EXPLOITED. BY EXPLORING CUSTOMER REVIEWS, NEW USERS CAN VERIFY THE DATA PRIVACY NORMS FOLLOWED BY A PLATFORM AND HOW MUCH IT IS CONCERNED ABOUT ETHICAL MONEY RECOVERY PRACTICES.

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