Current Affairs · Banking and Finance
In September 2025, PhonePe partnered with a DSP Group-backed NBFC to launch a financial product offering secured credit up to ₹2 crore without monthly principal repayments or EMIs. Under which category is this loan product offered?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Loans Against Securities✓
- 2DSP Mutual Loan
- 3Pledged Fund Credit
- 4Mutual Fund Overdraft
Correct answer
Loans Against Securities
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