Data from AI-led recovery firm shows a rise in both digital credit and larger-ticket secured loans during India’s peak spending months India’s festive season has triggered a sharp increase in borrowing activity, with digital lending volumes rising 16.55 per cent from 2.9 million loans in non-festive months to 3.4 million during the festive period, according […]
The report states that Flipkart may start the lending operations in a few months
As the majority of Indian micro, small and medium enterprises (MSMEs) continue to face debt and delayed payments, about 90 per cent are confident about India’s economy In 2024, according to a study by NeoGrowth, an MSME-focused non-banking financial company (NBFC). The MSME business confidence Study revealed that about 91 per cent of MSMEs expect […]
Jinand Shah Managing Director & CEO of Online PSB Loans Ltd. (OPL) has been added to the eminent list of ‘BW Retail World 40 under 40’ by BW Businessworld. Shah is a financial professional with a keen interest in algorithms, number crunching, and automation. He has expertise in dealing with banks, MSMEs, individuals, rating agencies, […]
