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Online lending takes off in India

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Technology in the financial space is slowly catching up in India with everything gradually going digital. What used to be a long and cumbersome process — getting loans from banks or non-financial institutions — can be done in just a few clicks in future. Snehal Fulzele, CEO and co-founder of San Francisco-incorporated Cloud Lending Solutions, a technology company that provides financial applications to online lenders, says, “These are the new generation of lending companies. Cloud Lending offers lending solutions to online lending...

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