NBFC liquidity crunch is putting the squeeze on fintech
Banks are traditionally cheaper sources of capital, but their credit checks tend to be more rigorous. So, most newage lenders source funds from larger traditional NBFCs.
from Banking/Finance-Industry-Economic Times https://ift.tt/2ysWwgZ
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Banks are traditionally cheaper sources of capital, but their credit checks tend to be more rigorous. So, most newage lenders source funds from larger traditional NBFCs.
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