Who has launched a Navi Lending App that will provide fast-track credit?

Who has launched a Navi Lending App that will provide fast-track credit? Correct Answer Sachin Bansal

  • Sachin Bansal, Flipkart's co-founder has launched a Navi Lending App that will provide fast-track credit.
  • A loan of up to 5 lakhs can be availed via this app with a repayment period of 36 months.
  • No KYC or documents (other than PAN card) are needed for the process.
  • Customer data will be sourced from the trading and brokerage accounts, credit/debit card transactions and credit history by RBI.

Related Questions

The global financial crisis in 2008 is considered to be the most serious worldwide financial crisis, which started with the sub-prime lending crisis in USA in 2007. The sub-prime lending crisis led to the banking crisis in 2008 with the collapse of Lehman Brothers in 2008. The sub-prime lending refers to the provision of loans to those borrowers who may have difficulties in repaying loans, and it arises because of excess liquidity following the East Asian crisis. Which one of the following sequences shows the correct precedence as per the given passage?