Student Loans
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Comparing NBFCs & Micro Lenders – What Is The Difference?
- June 1, 2024
- Posted by: Finanalyz
- Categories: Debt Management, Financial Apps & Tools, Financial Literacy, Small Business Finances, Student Loans
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Non-Banking Financial Companies (NBFCs) and micro-lenders play crucial roles in finance. NBFCs, like Bajaj Finance, offer larger loans to higher-income clients and businesses. Micro-lenders, such as Ujjivan Small Finance Bank, provide small, short-term loans to low-income individuals and small businesses. Both enhance financial access despite targeting different markets.