Kissht to LazyPay: Centre revokes order blocking seven loan apps

The government has revoked blocking orders against at least seven money-lending platforms affected by the recent crackdown on 94 loan apps, after reviewing their documents justifying compliance with internet and finance-related laws, multiple sources said.

The ministry gave a verbal confirmation on the relief to the players late on Thursday, while internet service providers confirmed it on Friday. Though the platforms await a written communication, it was confirmed that the websites and mobile apps of Kissht, LazyPay, and Indiabulls Home Loans have been removed from the blocking order.