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    HomeNewsBusinessStartupCred revenue rises 66% to Rs 2,473 crore in FY24, losses down by 41% to Rs 609 crore

    Cred revenue rises 66% to Rs 2,473 crore in FY24, losses down by 41% to Rs 609 crore

    Cred has seen more financial services institutions coming to its platform for unsecured lending over the last year as they chase premium customers. The RBI has expressed concern multiple times about huge growth in low-ticket unsecured loans. Cred mostly disburses high-ticket loans to prime customers, which banks, too, target.

    Moneycontrol News
    September 30, 2024 / 16:02 IST
    Kunal Shah, founder and CEO, CRED
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