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India lifts ban on PayU’s LazyPay and other lending apps

  • India’s IT Ministry has lifted the ban on seven high-profile lending apps, including PayU’s LazyPay, Kissht, KreditBee, and Indiabulls Home Loans.
  • This provides relief to the fintech industry that has been under immense scrutiny in recent quarters.
  • The IT Ministry also lifted the ban on other apps not mentioned.
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