India is moving in a direction where lenders will use data like GST based "business flows" or credit payment history, instead of collaterals, to provide loans to businesses and consumers, tech billionaire Nandan Nilekani said today.
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India is moving in a direction where lenders will use data like GST based "business flows" or credit payment history, instead of collaterals, to provide loans to businesses and consumers, tech billionaire Nandan Nilekani said today.
Indians will get loans based on data, not collateral: Nandan Nilekani
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