The disruption for fintech companies is expected to be temporary, thanks to their multiple partnerships beyond just NBFCs. Notably, the RBI barred DMI Finance and Navi Finserv from sanctioning and disbursing loans due to their practice of charging exorbitant interest rates.
This story is from the October 19, 2024 edition of Business Standard.
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This story is from the October 19, 2024 edition of Business Standard.
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