Creditors are choosing between Hong Kong-based distressed asset specialist Ares SSG and locally listed NBFC Authum Investment and Infrastructure.
As Covid rages, demand for small-ticket loans on the rise from beyond metrosSmall-ticket lending is increasingly moving out of larger metros, with 70% of disbursals from smaller cities and towns. Besides, the preference is for small-size loans of up to ₹25,000. Personal loans have gone up from 10% in 2017 to 60% in 2020, the report noted.
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