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Reasons To Not Trust The Kissht Chinese Rumors

Today, we will assess the reality behind Kissht Chinese rumors and help the audience understand why they donu2019t need to trust such misinformation.

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Reasons To Not Trust The Kissht Chinese Rumors

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  1. REASONS TO NOT TRUST THE KISSHT CHINESE RUMORS

  2. Sometimes, there’s a very thin gap between right and wrong, and people start believing rumors based on unauthentic facts. It’s crucial to thoroughly assess the facts behind every piece of information, especially when it contains some disclaimer about a legitimate, renowned, and trusted person or brand. Today, we will assess the reality behind Kissht Chinese rumors and help the audience understand why they don’t need to trust such misinformation. Let’s explore some of the major reasons:

  3. The legitimate company doesn’t promote business collaborations like Kissht Chinese Kissht is among the few trusted FinTech platforms in India that are renowned for making user-centric decisions. India’s leading digital lending app adapts innovative measures and business models that benefit its customers. It believes in generating profits through ethical business practices and sticks only to expanding collaborations with trusted NBFCs in India. Kissht has no Chinese partner or investor; therefore, Kissht Chinese rumors are baseless.

  4. An RBI-registered company that rules out the possibility of having Kissht Chinese collaboration. RBI monitors frequently to analyze if all FinTech platforms in India operate ethically and follow its strict guidelines. Once an organization gets registered with RBI, it adheres to follow the rules set by the leading regulatory body in India. RBI gets all the important information about how the business operates and to whom it is expanding its business relations and partnerships. According to RBI’s guidelines, China-originated or any organization linked with China is strictly prohibited from doing business or investing in any FinTech Companies in India. Therefore, Kissht Chinese rumors are completely fabricated and baseless. If the Kissht app had taken any such step in the past or at present, RBI should have banned it until now. But there’s no such news in the industry as of now.

  5. Kissht Chinese, the consequence of confusion or an error? Whether you’ve gone through rumors about Kissht Chinese or Kissht Fosun, these terms fail to define the real truth. It all started a few years back when an authoritative regulatory agency in India investigated whether all FinTech apps in India are operating by following all the guidelines set by RBI. During the investigation, around 232 apps were found guilty; some had connections with China-led companies. When the list of all the faulty apps was issued, Kissht’s name was erroneously interpreted in the list due to the similar-sounding names of some apps. Orders were issued to ban all apps involved in suspicious activities and business collaborations immediately.

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