NBFCs play a vital role in the financial ecosystem by extending a broad range of banking services to SMEs, entrepreneurs, and individuals lacking access to traditional banking services. A report by Research And Markets forecasts a promising future for the NBFC sector, with an anticipated CAGR of 18.5% between 2021 and 2026. Financial institutions are […]
The advent of credit bureaus in the 1960s was a turning point for the modern credit economy as credit scores and credit reports were first introduced. While we have come a long since then. The arrival of the fintech wave, coupled with innovations, is gradually transforming and streamlining the conventional approaches. For example, technology is […]
