#Emergingtechnologies, #fintechs hold great promise for propelling NBFCs to greater heights: Karad
New age NBFCs have demonstrated effective use of emerging technologies to grow #customer base and extend support services, said Union Minister of State for Finance Dr. Bhagwat Karad.
“I have a lot of hope in the emerging technologies and fintechs in taking the NBFC sector to newer heights, which is powered by efficient regulation and agility. Many NBFCs have gainfully deployed technologies as enablers for achieving growth in business. NBFCs should utilize technologies through various partnerships for different tasks and services to customers,” said Karad, while speaking as Chief Guest at ‘NBFC’s Tomorrow Conclave & Awards 2022’, organized by the Banking Frontiers, at Sofitel in Mumbai.
