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Indian NBFCs must adopt new tech-based biz models to attract PE funding: ASSOCHAM-PwC Study

Indian NBFCs must adopt new tech-based biz models to attract PE funding: ASSOCHAM-PwC Study

Jan 07, 2018, at 11:37 pm

New Delhi, Jan 7 (IBNS): With banks tightening their purse strings owing to increasing bad loans, Indian non-banking financial companies (NBFCs) are growing their market share, however a recent ASSOCHAM-PwC joint study has stated that NBFCs will have to keep pace with new technologies and changing customer aspirations to attract timely PE (private equity) investments.