SIDBI and Equifax launched the second edition of “Fintech Pulse”, a quarterly publication highlighting key trends of the fast growing NBFC (Non- Banking Financial Company) Fintech segment.
“Fintech Pulse” aims to provide insights on trends in the Indian Fintech industry – from disbursements to delinquencies to top growing states and top loan categories.
Key highlights:
On the launch, Shri V. Satya Venkata Rao, Deputy Managing Director, SIDBI said, “Fintech Lending has changed the approach of credit delivery in India through Innovative products and real time solutions. The industry has witnessed 38% YoY growth as on Sep’20, despite COVID pandemic. As we move in new normal, the Fintech Lending industry will play a crucial role in delivering credit to last mile borrowers. I hope the Fintech Pulse will provide key insights to stakeholders.”
Shri KM Nanaiah, Managing Director, Equifax Credit Information services Ltd. and Country Leader, Equifax India and MEA said, “We are very pleased to present the second edition of ‘Fintech Pulse’ in partnership with SIDBI. This edition sheds light on how NBFC-Fintech lending fared during pandemic times. In addition, the report has greater insights on business loans with a section devoted to the Covid-19 impact on Fintech lending.”
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