India’s Non Bank Lending Critical for Small Business Growth

India’s lending network for small businesses has increasingly become reliant on the growing sector of non bank lenders; the non bank market has been steadily increasing loan books by 25 percent per year as bank lending has not increased according to data from Edelweiss Financial Services; access to non traditional forms of data has helped non banks to be able to better asses borrower risk instead of using income taxes which were seen an unreliable. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.