With r͏eta͏͏il NPAs͏͏͏ ͏hi͏tt͏in͏g a͏ ͏multi-ye͏a͏r l͏ow ͏of ͏2.8% i͏n 2͏02͏4,͏ fina͏ncia͏l i͏ns͏titutio͏ns sa͏w͏͏ 51% m͏or͏e con͏sum͏ers m͏on͏ito͏ri͏͏ng͏ their CIBIL͏ […]
In a decision that could drastically change how fintech companies associate with non-banking financial companies (NBFCs), the RBI, on June […]
Traditional credit scoring, led by CIBIL and other bureaus, has been the backbone of lending decisions for many decades. However, […]
Investing in NBFC software involves more than selecting the most suitable technology. It’s a strategic decision that has direct implications […]
Delinquencies in India increased by 44% among personal loan borrowers between Dec ’23 and June ’24. This highlights the importance […]
Indi͏a is home t͏o over 14 million registered͏ GST taxpayers as of 2024, refl͏ecting the v͏ast ͏scope of businesse͏s c͏om͏plyin͏g […]
Why is alternative credit scoring gaining momentum in India? Before exploring the reasons, let’s take a quick look at the […]
Although technological advancements have revolutionised and streamlined bank statement verification, a few problems persist – fake or tampered bank statements. […]
In 2024, In͏di͏a attracte͏d o͏ver $5.1 ͏billio͏n in green finance, becoming the sec͏ond-largest fund͏i͏ng hub for c͏limate-͏related ventures, just behind […]
Despite showing promising signs of revitalising Indian lending, the challenges faced by fintech companies are by no means insignificant. These […]