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How Capital First is pushing boundaries with algo lending

We give a loan of Rs 1 crore for a tenure of about 15 years with interest of 12-12.5 percent to customers against security, but we also lend to unsecured customers, We also lend small sum of Rs 20,000-50,000 via algorithmic lending, says V Vaidyanathan, the CMD of Capital First in an interview to CNBC-TV18.

first published: Jun 16, 2016 11:19 am

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