Now that the Reserve Bank of India (RBI) has tightened funding norms, how do you see growth from here?
The RBI has raised concerns about small ticket-size lending, particularly personal loans under ₹50,000 or 1 lakh. But we focus on lending to MSMEs (micro, medium and small enterprises), which is supported by schemes like Mudra and e-Credit Guarantee Fund Scheme for Micro and Small Enterprises. While there may be restrictions on personal loan lending, MSME funding remains relatively unaffected.
Initially, there was some confusion, but once we clarified that we specialise in MSME lending the situation improved.
What sets FlexiLoans apart from banks and NBFCs in this segment?
هذه القصة مأخوذة من طبعة August 26, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 26, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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