Fintechs in India have grown to provide banks and NBFCs access to new customers as paper-based loan applications are being replaced by algorithm-based lending marketplaces. (Photographer: Dhiraj Singh/Bloomberg)

Loan Marketplaces See Increased Traction As More Borrowers Move Online

Loan marketplaces, which allow borrowers to evaluate a host of options across banks and non-bank lenders, have gained traction over the last three years as customers become more accustomed to seeki...

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