Fintech firm Recordent optimistic on MFI credit registry

Kolkata, Jun 26 (PTI) Fintech company Recordent has launched a shared credit information platform for not-for-profit microfinance institutions (MFIs), aiming to help lenders identify borrowers with multiple loans and curb over-indebtedness. The MFI Credit Registry will allow Section 8 MFIs—non-profit lenders that provide small-ticket loans primarily to low-income households—to share borrower loan and repayment data […]

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