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    HomeNewsOpinionTech, easy access to borrower data fuelling rise in NBFCs’ unsecured loans

    Tech, easy access to borrower data fuelling rise in NBFCs’ unsecured loans

    The borrower-focused approach of NBFCs vis-à-vis their product-focused approach in the past has contributed to a jump in unsecured credit

    Karthik Srinivasan
    July 27, 2023 / 08:40 IST
    Share of unsecured credit in retail loans of NBFCs likely increased to 34 percent in March 2023 from 26 percent in March 2021.
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