India: Virus-hit digital lending startups and NBFCs look for buyers

India: Virus-hit digital lending startups and NBFCs look for buyers

Photo by Micheile Henderson on Unsplash

Digital lending startups may undergo a wave of consolidation with smaller digital lenders and non-banking financial companies (NBFCs) scouting for buyers as the virus crisis and the ongoing moratorium on payments severely dents business.

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