Xiaomi relaunches Mi Credit for personal loans in India

Chinese handset maker Xiaomi on Tuesday relaunched Mi Credit — its digital lending solution in India.

This is Xiaomi”s second Mi Finance solution to be launched in the country after Mi Pay.

According to the company, it disbursed personal loans of up to Rs 28 crore (or Rs 1 crore per day) during the pilot phase which ran though November 2019.

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