Pravin Jadhav, who founded the $1.2-billion fintech firm Raise Financial Services, revealed that a leading private bank turned down his request for a home loan solely due to his status as a founder. Jadhav noted that he holds an impressive CIBIL score of approximately 800, adding that it is ironic because the same institution previously honored him as a top fintech innovator. He further remarked that while the bank is willing to lend to his company's employees, they classify him as a high-risk borrower.

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