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Competition: It is an extremely competitive field with a large number of players; hence, the need to differentiate from others in order to attract investors as well as borrowers.

Regulatory Compliance: This may be cumbersome and time-consuming and quite demanding in respect of compliance with regulations.

Risk Management: NBFCs have to manage risks efficiently so that they do not erode the financial position of the NBFC.

Technological Advances: There is an opportunity for using technology, which may lead to efficiency gains, cost savings, and more convenience for customers of NBFCs.

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894patel.nikita

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8mo ago

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