Businessline reports that RBI Governor Sanjay Malhotra credited fintechs with reaching millions of small businesses long invisible to traditional underwriting models.
Fintechs are helping bridge India’s credit gap for micro, small and medium-sized enterprises, RBI Governor Sanjay Malhotra said, businessline reports. He credited them with extending formal, “collateral-like” credit to millions of small businesses that had been invisible to traditional underwriting models for decades.
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Businessline reports that RBI Governor Sanjay Malhotra credited fintechs with reaching millions of small businesses long invisible to traditional underwriting models.
Fintechs are helping bridge India’s credit gap for micro, small and medium-sized enterprises, RBI Governor Sanjay Malhotra said, businessline reports. He credited them with extending formal, “collateral-like” credit to millions of small businesses that had been invisible to traditional underwriting models for decades.
businessline@businesslineFinTechs are helping bridge India’s MSME credit gap by extending formal, collateral-like credit to millions of small businesses that, for decades were invisible to traditional underwriting models, said RBI Governor Sanjay Malhotra.
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businessline@businesslineFinTechs are helping bridge India’s MSME credit gap by extending formal, collateral-like credit to millions of small businesses that, for decades were invisible to traditional underwriting models, said RBI Governor Sanjay Malhotra.