With over 9,000 registered lending fintechs, India has the third-largest fintech ecosystem worldwide. The notable rise in fintech companies can be attributed to several factors including high internet penetration, incompetent banks and financial institutions, evolving consumer behaviour, and favourable regulatory policies. Additionally, India’s large unbanked or underserved population coupled with a thriving startup ecosystem has […]
As the lending industry continues to grow, risk assessment and management will emerge as one of the top functions, enabling lenders to build sustainable, profitable businesses. Managing risk effectively can help companies prevent the growth of non-performing assets (NPAs), loan fraud, lending scams, and other negative consequences. Financial technology will play a key role in […]
Latest reports suggest that around 67% of Indians have applied for a personal loan at some point in their lives. Furthermore, India’s consumer borrowings have surged in recent years as more people fulfil their aspirations, including travel, buying a new car, building a house, and more. As a result, traditional and non-traditional lenders, including banks, […]
Accurately assessing the borrower’s creditworthiness is necessary for a lender’s long-term success and stability. It is an integral part of the lending process; accuracy and promptness are two key aspects to consider in the credit appraisal process. Credit appraisal or credit assessment involves a comprehensive evaluation of the applicant’s credit history, financial capacity, and ability […]
Regulations have always played an important role in the growth trajectory of lenders across the world. In India, the Reserve Bank of India (RBI) sets guidelines to ensure the smooth and ethical functioning of lending players and fair practices for borrowers. Recent news reports indicate that the RBI is taking strict action against lenders who […]
A popular technique financial institutions use in managing interest rate risks is duration gap analysis. This provides them with insights into the optimal management of interest rate risk so that they can economically manage the difference in time between a bank’s assets and liabilities. By analysing the duration gap, it becomes easy to understand the […]
Non-banking finance Companies(NBFCs) have witnessed exponential growth globally and within the country. They are playing a crucial role in providing people and businesses across India with access to basic financial services. Emerging technology has also enabled the NBFC software to widen and deepen its reach; they have been instrumental in ensuring last-mile connectivity. So, whether it […]
Productivity levels are an important measure of success for ambitious lenders looking to build a long-lasting, profitable business. A recent survey indicated that seven out of every 10 employers prioritise the quality of work, while performance indicators such as targets and project completion on time are considered to be primary indicators of productivity. As more lenders […]
The balance sheet is a crucial financial statement that reflects a company’s financial health at any given time. Balance sheet analysis examines a business’s balance sheet to evaluate its financial health and performance. It also involves analysing the composition and valuation of assets, the nature and maturity of liabilities, and the relationship between debt and […]
Data is increasingly vital in enabling businesses to streamline their workflows, drive revenues, and become profitable in the Internet economy. According to a McKinsey survey titled ‘The data-driven enterprise of 2025,’ adopting artificial intelligence (AI)- powered data practices is helping businesses grow revenues by at least 20% before interest and taxes. Access to high-quality data […]
