NCL Research plans fintech unit for digital personal loans
NCL Research & Financial Services has approved an entry into digital personal lending, targeting salaried borrowers, self-employed consumers and consumer-finance users. The NBFC plans a wholly owned fintech subsidiary for underwriting, onboarding, analytics and risk management, subject to approvals.
NCL Research & Financial Services approved entry into India’s digital personal-loan market, covering salary loans, self-employed borrowers and consumer finance. It will establish a wholly owned fintech subsidiary to support underwriting, onboarding, analytics and risk management.
Why this matters
The plan advances NCL Research & Financial Services' recent move from considering digital and salary-linked personal loans to building dedicated fintech capabilities for lending operations.
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