Despite numerous banks in the country, many parts of rural India are untouched by financial literacy and still depend on traditional methods of loaning and saving money.
NBFCs are considered a rapidly growing business vertical to bridge this gap. This helps in bringing the inclusion of the untouched part of the country into the mainstream economy.
To know more about NBFC Registration, read our blog : https://bestlegalservices.in/post/start-your-own-nbfc-lending-business-the-complete-guide-to-nbfc-registration
Despite numerous banks in the country, many parts of rural India are untouched by financial literacy and still depend on traditional methods of loaning and saving money. NBFCs are considered a rapidly growing business vertical to bridge this gap. This helps in bringing the inclusion of the untouched part of the country into the mainstream economy. To know more about NBFC Registration, read our blog : https://bestlegalservices.in/post/start-your-own-nbfc-lending-business-the-complete-guide-to-nbfc-registration
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