21st Jan: Better Liquidity, Institutional Framework: Here’s What Lending Startups Expect FM To Address In Union Budget 2021

NeoGrowth has got coverage in Inc42 on story titled, ‘Better Liquidity, Institutional Framework: Here’s What Lending Startups Expect FM To Address In Union Budget 2021’.
The article, written by the journalist, Suprita Anupam, highlights the expectations from the Budget such as passing the rate cut benefits to lower rated NBFCs, regulatory framework to address liability and liquidity issues, suspension of Basel norms for 3 years, extending CGTMSE scheme To lending start-ups, etc. This includes expectations from several digital lenders and fintech players, including quote from our Founder & Managing Director, Piyush Khaitan, on proposing lower income tax for businesses having digital transactions.

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