India has a unique FinTech lending ecosystem due to the nature of its market and regulatory approach. When asked about the most important step needed to accelerate the sector, 35% of senior industry representatives polled opined that the sector needs to start serving the huge “credit invisible” segment. A POW report states 90% of the “credit invisible” segment consists of MSMEs and individuals, and the sector might need a tailored approach to cover this untapped segment.
However, a large number of respondents shared a different opinion. 26% said large scale collaboration for creating a robust and sustainable platform is the most imminent step needed, while 24% voted for developing a unique lending ecosystem. 15% believed gunning for healthy growth and regulatory oversight will help in accelerating the sector.
Formula 1, the exhilarating world of high-octane racing, thrills audiences with its death-defying speeds, aerodynamic…
In a significant leadership transition, Wipro Limited, a leading global technology services and consulting company, announced…
Amidst the cacophony of political fervor, a surreptitious battle against cyber malfeasance looms, demanding vigilance…
Flexibility and Freedom: The Allure of the Gig Economy The gig economy offers a level…
salescode.ai the world’s most advanced AI Platform for CPG sales, is pleased to announce the appointment…
OpenAI has begun rolling out Google Drive integration for its AI-powered chatbot, ChatGPT, according to…