Mahindra Group's non-banking financial company (NBFC), Mahindra & Mahindra Financial Services (Mahindra Finance), has stepped into the co-lending market for the small and medium enterprise (SME) sector through a strategic partnership with digital MSME lender Lendingkart. This collaboration aims...
The progressing emergency of confidence in non-banking financial organizations NBFCs may turn out to be a delay financial development, as balance sheet constraints and higher funding expenses may provoke these shadow banks to back off loaning, cautions a report.
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