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Trends in NBFCs are changing simultaneously with the technology change. NBFCs have been increasing for the past few years and have reached an all-time high growth.
According to a publication by RBI, their credit intensity measured by the credit/GDP ratio has increased from 8.6 in 2013 to 13.7 in 2021.
Moreover,…
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The data speaks for itself! Buy Now, Pay Later (BNPL) solutions are predicted to reach 20527.234 billion Rupees in revenue by 2025, expanding at a rate of 40% annually.
The paying trend gained popularity due to overall spending by consumers who strongly opposed taking on debt during an uncertain economic climate.…
NBFC Licensing is popular among Fintech as it helps them become more sustainable, stable and scalable in this fast-paced and changing industry