OPINION: How New Age NBFCs are Changing the Small Business Lending Landscape in India

OPINION: How New Age NBFCs are Changing the Small Business Lending Landscape in India

As of March 2021, the total loan market size in India stood at ₹156.9 lakh crore, registering growth of around 100% from FY2017 to FY2021. each contribute 49% of total loans in India while microfinance contributes about 2%. In recent years, there have been commendable targeted policy initiatives such as Jan Dhan Yojana, Mudra Yojana … Read more