Facebook this month said India would be the first country where it rolls out its small business loan program offering loans via a partner to firms that advertise on its platform. The loans will range from 500,000 rupees ($6,720) to 5 million rupees with interest rates of 17%-20%, potentially without collateral.source https://economictimes.indiatimes.com/industry/banking/finance/indias-1-trillion-digital-loan-market-is-the-new-battleground-for-facebook-and-xiaomi/articleshow/85792458.cms
No comments:
Post a Comment