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Higher borrowing costs leave a strain on new-age NBFC profitsNew-age non-banking finance companies (NBFCs) have seen a fall in net profit between the September quarter of 2024 and 2023, with some managing to keep it flat or reporting tepid growth ...
Many digital lenders, in fact, nurse an ambition to become new-age non-banking finance companies (NBFCs). However, the public perception of digital lending has suffered at the hands of shady ...
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