Non-bank lenders in Mumbai plan to address the Reserve Bank of India regarding proposed co-lending rule changes. The new model suggests joint loan disbursement, replacing the current assignment practice. NBFCs worry about increased risk and liquidity strain due to longer loan holding periods. Banks are also concerned about dual default reporting affecting borrower trust.
Meesho’s growth story is still in its early stages: Vidit Aatrey
Meesho is democratizing internet commerce in India. The company aims to bring millions of businesses and hundreds of millions of consumers online. Meesho’s strategy focuses