Digital lending beckons distant Indian towns as MF units and shares gain traction as a collateral

Financial inclusion has been one of the primary goals that the Government of India wants to achieve through its various initiatives. Access to efficient credit on demand is one of the important factors that will help in achieving this goal.With increased digitization aided by low-cost internet service, digital underwriting capabilities, availability of digital pledging of mutual funds & shares, robust payment and settlement infrastructure, the challenge of last-mile reach for secured loans seems to be resolved.

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