Illegal Loan Apps: ‘Take Strong Action Against It’ BEFI Kerala Unit Demands The Bank Employees Federation of India (BEFI) Kerala, led by President Sanil Babu N and General Secretary Jerin K John, is demanding a crackdown on illegal loan apps that exploit citizens through data theft and blackmail. The union urges the RBI and government to regulate digital lending strictly while calling on formal banks to simplify short-term credit for the public. Read More: https://thekanal.in/en-IN/details/illegal-loan-apps-take-strong-action-against-it-befi-kerala-unit-demands-89153 #banking