Why is India a front-runner in the field of digital lending?
By Puja Sharma
In the absence of a universally acceptable definition of the term ‘digital lending’, the (Financial stability board) FSB definition of the term ‘FinTech credit’ as all credit activity facilitated by electronic platforms whereby borrowers are matched directly with lenders comes close, according to a report by the RBI. In India, the digital lending ecosystem […]
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