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Your next loan may have a non-bank name on it

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities a…

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Your next loan may have a non-bank name on it

The landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs and fintech firms are not just leading originations by both volume and value; they are redefining lending opportunities a…

Banks have long been the largest source of credit in the country. They still are. Yet in several retail and specialised segments, non-bank lenders are gaining ground.Banks accounted for roughly 72% o…

Originally published by The Times of India. Read the full article →

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