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Shares of Poonawalla Fincorp Ltd (PFL), a non-banking financial company (NBFC) promoted by the Cyrus Poonawalla Group, gained nearly 3% on Monday after the NBFC announced the launch of business loan 24/7, an industry-first digital loan solution backed by a pioneering digital risk assessment model tailored for micro, small, and medium enterprises (MSMEs). The offering allows MSMEs to apply and receive approvals round the clock without visiting a branch or submitting physical documents.

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