Banning Unregulated Lending Bill Delayed in Monsoon Session

The government is working on a new law, called the BULA Bill, to stop digital loan apps from lending money in ways that are not allowed.

This bill was supposed to be discussed in the next meeting of lawmakers, but it might be delayed because they are still talking about it and gathering information.

The goal is to prevent these apps from tricking people and making lending safer.

The bill proposes penalties like jail time for those who break the rules.

The government is also working with Google to remove suspicious apps from its Play Store, as a lot of people have been tricked by them.