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Retail

Snapdeal plans to give out Rs 1,000 crores loans to attract sellers

Snapdeal will now disburse loans worth Rs 1,000 crores in the next six months to its sellers. This would, the e-commerce site hopes, will attract more people to sell on its platform. Cumbersome paperwork like financial statements and collaterals have been done away with. To make the process smooth and fast, the company has developed a credit...

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