Introduction

The hydrobath police launched an investigation into three suicides linked to harrassment from recovery agents. The hetrabad police found 75 bank accounts holding four 23 crows linked to 13 on line loanaps act two, operating from the shadows. On august fourth, 20 22, the enforcement directorate attached assets worth one zero five crors belonging to 12 non banking financial companies or n b f c. And their story is equally intriguing: Most of these n b f C went bust a long time back, but when they found an unlikely savior, on line lending companies operating out of china,. It was a mutually beneficial alliance. With a licensed partner on hand, these line loan companies set