India's investment policy upsets Xiaomi, Oppo's consumer finance plans - THEMARKETTRENDZ

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Thursday, 14 May 2020

India's investment policy upsets Xiaomi, Oppo's consumer finance plans

Xiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banking licence and have partnered with Indian financial companies to provide the funds for services offered on their platforms.

from Banking/Finance-Industry-Economic Times
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