Non-bank lenders 'LAP' up opportunity to tap MSMEs
- Posted on May 16, 2025
- By Business News Today
- 2 Views
Non-bank lenders 'LAP' up opportunity to tap MSMEs
In the absence of banks, which focus on loans of Rs 15-20 lakh, NBFCs are finding growth opportunities in the high yielding micro-LAP (loan-against property), which are sub-Rs 10 lakh loans. Industry executives said that there are growth opportunities given that the MSME sector remains starved for credit.
