Budget expectations FY 23-24 |Digital lending |Vivifi India Finance

Anil Pinapala_CEO & Founder_Vivifi India Finance

-Anil Pinapala, CEO & Founder of Vivifi India Finance.

“In the upcoming union budget, I hope to see a strong mandate for financial inclusion and assistance from the government of India for start-ups attempting to bring in credit for all transcending language, literacy, location, livelihood like FlexPay. Relaxation in norms and assistance with liquidity to lending NBFC fintechs who are attempting to offer credit to the under-served and unserved would be a welcome move. I also hope that non-prime lending could be brought under priority sector so that NBFCs can truly work to bring credit to all”. We also hope initiatives from government on white listing of digital lending apps to curb the frauds.