home Uncategorized Slice switches from credit line to term loans after RBI action Aroon Deep

Slice switches from credit line to term loans after RBI action Aroon Deep

Fintech startup Slice has switched from providing credit lines through its app to classic term loans, after the Reserve Bank of India last month said that non-bank fintechs cannot provide credit lines. Slice was among the most exposed by the RBI’s change, and it now seems to have fundamentally altered the way it disburses credit …

The post Slice switches from credit line to term loans after RBI action appeared first on Entrackr.

Fintech startup Slice has switched from providing credit lines through its app to classic term loans, after the Reserve Bank of India last month said that non-bank fintechs cannot provide credit lines. Slice was among the most exposed by the RBI’s change, and it now seems to have fundamentally altered the way it disburses credit …
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The post Slice switches from credit line to term loans after RBI action appeared first on Entrackr. News, Fintech, RBI, SliceEntrackr

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