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Articles By satish rao

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Why Loan Management System Is Important For Nbfcs    Submitted as: Satish
A strong core means strong business NBFCs. In an effort to boost the NBFC sector, Union Budget 2020 paved way for it to become a part of TReDS. The platform is an electronic platform to finance/discount trade receivables of MSMEs through multiple financiers. With a digital loan origination system, one can instantly pre-approve applicants and credit limit to digitally process applications in seconds. A good loan management system must cater to consumer demands, and create new markets within the lending industry. It does not just boost the efficiency and productivity of your business, but also makes it immune to maximum human errors and frauds.(read entire article)
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