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Fintech

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Fintech

Conserve cash, flatten NPA curve, reassure partners: Capital Float has a plan to fight the tsunami

Cash is king, believe Capital Float’s founders Gaurav Hinduja and Sashank Rishyasringa. The digital-lending startup is undertaking minimal disbursals and has stopped all discretionary spends. It’s building sufficient collections capacity to ensure NPA curves are flattened post lockdown. It’s also reassuring all stakeholders. The company’s ‘perfect storm’ over the past year, they say, had prepared it for this tsunami.

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