Digital lenders seek additional access to user data to underwrite loans efficiently
Digital Lenders Association said they need additional access to user data from telecom, banking and GST return filings to underwrite loans efficiently
Bengaluru: The Digital Lenders Association of India (DLAI), an industry body consisting of online lenders and non-banking financial companies (NBFCs), said that to underwrite loans efficiently, they require additional access to user data from telecom and banking sector, and data from GST return filings, in recommendations to the finance ministry.
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