NEW DELHI : The Directorate of Enforcement has attached proceeds of crime worth ₹859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said.
Further, assets amounting to ₹289.28 crore have been seized under the Foreign Exchange Management Act, 1999.
The minister said that the Reserve Bank of India (RBI) has furnished the list of Digital Lending Apps (DLAs) being used by regulated entities of RBI to the Ministry of Electronics & Information Technology (MeitY), which…
