The Center might soon start forcing companies like Facebook and Instagram to do their due diligence before letting bad actors advertise fake loan apps on their platforms. As per a report by India Express, the government is working on stopping the distribution of fraudulent loan apps via these platforms in India. “We will amend the existing Information Technology Rules to prohibit intermediaries from hosting advertisements for fake loan apps,” stated Minister of State for Electronics and IT Rajeev Chandrasekhar. Once these regulations are in place, by hosting such ads on the platform, they will risk losing their legal immunity. Notably, these platforms allow fake loan apps to advertise their apps on the platform for a particular fee, only to take them down when users report them online. As per the report, it is expected that the changes that the government is planning to make might not come into force before the general elections scheduled for later this year.