Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-trace').style.display = (document.getElementById('cakeErr67f10cfbb47bf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f10cfbb47bf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-code').style.display = (document.getElementById('cakeErr67f10cfbb47bf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-context').style.display = (document.getElementById('cakeErr67f10cfbb47bf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f10cfbb47bf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f10cfbb47bf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p> <p style="text-align:justify"><em>RBI ducks responsibility</em></p> <p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p> <p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from ₹1,500 to ₹30,000 for 7 to 15 day periods.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 28 July, 2021, https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60266, 'metaTitle' => 'LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'metaKeywords' => 'Delhi High Court,Money Lending Platforms,NBFCs,Non-Banking Finance Companies,online lending platforms,Reserve Bank of India,usury rate,usurious rates', 'metaDesc' => '-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p> <p style="text-align:justify"><em>RBI ducks responsibility</em></p> <p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p> <p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from ₹1,500 to ₹30,000 for 7 to 15 day periods.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 28 July, 2021, https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60266 $metaTitle = 'LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ' $metaKeywords = 'Delhi High Court,Money Lending Platforms,NBFCs,Non-Banking Finance Companies,online lending platforms,Reserve Bank of India,usury rate,usurious rates' $metaDesc = '-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge...' $disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors | Im4change.org</title> <meta name="description" content="-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Delhi HC slams Centre, RBI for inaction on usurious mobile vendors </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">“Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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($reasonPhrase ? ' ' . $reasonPhrase : '')
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f10cfbb47bf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-code').style.display = (document.getElementById('cakeErr67f10cfbb47bf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-context').style.display = (document.getElementById('cakeErr67f10cfbb47bf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f10cfbb47bf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f10cfbb47bf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p> <p style="text-align:justify"><em>RBI ducks responsibility</em></p> <p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p> <p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from ₹1,500 to ₹30,000 for 7 to 15 day periods.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 28 July, 2021, https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60266, 'metaTitle' => 'LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'metaKeywords' => 'Delhi High Court,Money Lending Platforms,NBFCs,Non-Banking Finance Companies,online lending platforms,Reserve Bank of India,usury rate,usurious rates', 'metaDesc' => '-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p> <p style="text-align:justify"><em>RBI ducks responsibility</em></p> <p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p> <p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from ₹1,500 to ₹30,000 for 7 to 15 day periods.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 28 July, 2021, https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60266 $metaTitle = 'LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ' $metaKeywords = 'Delhi High Court,Money Lending Platforms,NBFCs,Non-Banking Finance Companies,online lending platforms,Reserve Bank of India,usury rate,usurious rates' $metaDesc = '-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge...' $disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors | Im4change.org</title> <meta name="description" content="-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Delhi HC slams Centre, RBI for inaction on usurious mobile vendors </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">“Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f10cfbb47bf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-code').style.display = (document.getElementById('cakeErr67f10cfbb47bf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f10cfbb47bf-context').style.display = (document.getElementById('cakeErr67f10cfbb47bf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f10cfbb47bf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f10cfbb47bf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">&ldquo;Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. 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Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,&rdquo; a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. 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charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors | Im4change.org</title> <meta name="description" content="-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Delhi HC slams Centre, RBI for inaction on usurious mobile vendors </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">“Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. 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Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60266, 'title' => 'Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p> <p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p> <p style="text-align:justify">“Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p> <p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p> <p style="text-align:justify"><em>RBI ducks responsibility</em></p> <p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p> <p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from ₹1,500 to ₹30,000 for 7 to 15 day periods.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p> ', 'credit_writer' => 'The Hindu, 28 July, 2021, https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60266 $metaTitle = 'LATEST NEWS UPDATES | Delhi HC slams Centre, RBI for inaction on usurious mobile vendors ' $metaKeywords = 'Delhi High Court,Money Lending Platforms,NBFCs,Non-Banking Finance Companies,online lending platforms,Reserve Bank of India,usury rate,usurious rates' $metaDesc = '-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge...' $disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform</em></p><p style="text-align:justify">The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees.</p><p style="text-align:justify">“Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue.</p><p style="text-align:justify">The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps.</p><p style="text-align:justify"><em>RBI ducks responsibility</em></p><p style="text-align:justify">The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so.</p><p style="text-align:justify">The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true" title="https://www.thehindu.com/news/national/delhi-hc-slams-centre-rbi-for-inaction-on-usurious-mobile-vendors/article35573774.ece?homepage=true">click here</a> to read more. </p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Delhi HC slams Centre, RBI for inaction on usurious mobile vendors |
-The Hindu RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform The Delhi High Court on Tuesday observed that online lending platforms, offering short-term personal loans through mobile apps, cannot be allowed to charge exorbitant interest and processing fees. “Rate of interest should not be exorbitant. Just look at the difficulties. An expert body is required. If you people are so slow in taking action, we will do it with our order with the help of an expert committee,” a bench of Chief Justice D.N. Patel and Justice Jyoti Singh said, while asking the Centre and Reserve Bank of India (RBI) to look into the issue. The High Court said it expects that the Centre and RBI will come out with some solution by the next date of hearing on August 27. The court was hearing a petition seeking regulation of online lending platforms through mobile apps. RBI ducks responsibility The RBI said it regulates banks and non-banking finance companies and it does not regulate online lending platform and that the Central government has the power to do so. The petitioner, Dharanidhar Karimojji, claimed that more than 300 mobile applications are providing instant loans ranging from 1,500 to 30,000 for 7 to 15 day periods. Please click here to read more. |