Why Facebook, Xiaomi and other tech giants are making a beeline for India’s $1 trillion digital loan industry

Shaun H. Ruff

© Provided by CNBCTV18 As securing loans from traditional banking channels remains a challenge for credit-hungry Ministry of Micro, Small and Medium Enterprises (MSMEs) in the country, several businesses are now switching to digital lending platforms. The trend has accelerated post-COVID and fintech experts believe that the digital loan […]