Author
Partner Head Of FinTech Group at Shardul Amarchand Mangaldas & Co
The sector is also hoping the scheme will include some rationalization of the zero MDR policy. Making digital payments viable from the supply and product end is important to encourage innovation and growth.
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The digital lending sector comprising largely of NBFCs has faced a severe liquidity crisis and will be looking for continued credit support from the government to be able to access capital at affordable rates.
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