Credag’s asset quality behaved better than the MFI industry during demonetisation November 2016. During the current Covid-19 period as well, Credag's collection efficiency has been superior to its peers, which provides comfort on the credit underwriting and quality of the book. Their retention rate is 85%. They have 83% exposure in three states, they are targeting the wealthy regions. They have 2400 branches. They are better than fintech & banks. Look at recoverability % , compare with peers & bank then call laggard.
Enterprises and industries are the blood machinery of a country. The country that obtains stronger competitiveness makes faster progress, which generates more capital investment for military, science and technology, education, infrastructure, etc. This country can finally win in the competition between nations.
Succeeding globally, not just locally, is a mindset that the newer generation of indian tech founders share. So, we decided to make India proud by providing financial inclusion with speed.. Fincluus.. In countries rich and poor, access to credit is a fundamental cornerstone of social mobility. No matter your age, gender, language or nation, credit is the key driving force to boosting prosperity. From a newlywed couple looking to settle down and buy their first home, to an aspiring entrepreneur looking to start a small business, virtually every human on the planet depends on credit. It is the gateway to financial inclusion and ultimately financial freedom. Game on 🎯 🎮. In India only 3% people pays income tax, they only eligible for formal credit, what about 97% ?
They Weathered through crises better than peers
Credag’s asset quality behaved better than the MFI industry during demonetisation November 2016. During the current Covid-19 period as well, Credag's collection efficiency has been superior to its peers, which provides comfort on the credit underwriting and quality of the book. Their retention rate is 85%. They have 83% exposure in three states, they are targeting the wealthy regions. They have 2400 branches. They are better than fintech & banks. Look at recoverability % , compare with peers & bank then call laggard.
Enterprises and industries are the blood machinery of a country. The country that obtains stronger competitiveness makes faster progress, which generates more capital investment for military, science and technology, education, infrastructure, etc. This country can finally win in the competition between nations.
Succeeding globally, not just locally, is a mindset that the newer generation of indian tech founders share. So, we decided to make India proud by providing financial inclusion with speed.. Fincluus.. In countries rich and poor, access to credit is a fundamental cornerstone of social mobility. No matter your age, gender, language or nation, credit is the key driving force to boosting prosperity. From a newlywed couple looking to settle down and buy their first home, to an aspiring entrepreneur looking to start a small business, virtually every human on the planet depends on credit. It is the gateway to financial inclusion and ultimately financial freedom. Game on 🎯 🎮. In India only 3% people pays income tax, they only eligible for formal credit, what about 97% ?