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How Indians take loans! New trends - Loans to trade in options 💀

RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.

A common trend which I have observed in Shark Tank India and US is that entrepreneurs coming in the US Shark Tank are more comfortable with loans but in India entrepreneurs simply deny loans, what can we interpret from this about Indians?

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Anyone from Hyderabad (if yes, then place?)

I want build a payments app which give loans in small loans for the customers who are willing to take loans with good cibil score is required can anybody help in building app i need coders and who are intrested guys help me out

what is your problem or inconvenience while applying for loans?

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I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines. Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v

Anybody from Kanpur or Lucknow ? If yes then reply in comment