Phone number: +91 98450 76647

Blogs

Phone number: +91 98450 76647

Blog

Tech-Driven Precision: Navigating RBI’s Updated Priority Sector Lending

Tech-Driven Precision: Navigating RBI’s Updated Priority Sector Lending

The concept of priority sector lending has its origins in 1972. This was when the Reserve Bank of India (RBI) first introduced the concept of opening up credit access to economically underserved consumers. This step...
Read More
Safeguarding Innovation: Top Security Trends for Fintech Firms in 2024

Safeguarding Innovation: Top Security Trends for Fintech Firms in 2024

Fintech combines finance and technology and represents the next phase of financial evolution, focusing on innovation. Fintech users, particularly in digital payments, are forecasted to exceed 3.5 billion in 2024. By 2028, the number will...
Read More
5 Reasons Why Adoption of Business Intelligence in Banking is Set to Increase

5 Reasons Why Adoption of Business Intelligence in Banking is Set to Increase

Banks have a unique opportunity to leverage new technologies and digital tools to enhance customer experiences and drive innovation in the financial industry. By embracing emerging trends like personalised financial products, spend analytics and cash...
Read More
Safeguarding Financial Stability: Timely Action of RBI on Unsecured Loans

Safeguarding Financial Stability: Timely Action of RBI on Unsecured Loans

At present, the ease of the application and loan disbursal process has nudged more Micro Small, and Medium Enterprises (MSME) and retail customers to apply for unsecured loans. For example, the government’s PSB Loans in...
Read More
The Importance of Data Security in Account Aggregator Integration

The Importance of Data Security in Account Aggregator Integration

In a digital-forward economy, borrowers have to repeatedly share extensive personal and financial data with lenders throughout their lifetime, which often poses both inconvenience and security risks. On top of that, this sensitive information includes...
Read More
Why Should Lenders Consider Outsourcing Debt Recovery for a Day Past Due

Why Should Lenders Consider Outsourcing Debt Recovery for a Day Past Due

A recent Saral Finance survey suggests that around 67% of Indians have taken a loan at some stage to meet their financial requirements. That is a whopping 938 million people. Worryingly, the number of wilful...
Read More
5 Reasons Why Cash Flow Lending Analysis is Necessary for Small Business Lending

5 Reasons Why Cash Flow Lending Analysis is Necessary for Small Business Lending

Micro, small, and medium enterprises (MSMEs) account for around 30% of the economy, making them one of the most important sectors in India. These businesses also play an important role in safeguarding the cultural heritage...
Read More
The Role of Automation in Debt Recovery: Is It Right for Your Business?

The Role of Automation in Debt Recovery: Is It Right for Your Business?

Automation has positively impacted industries and has significantly contributed to the growth in the financial services domain. Lenders benefit from automating the entire lending process, including debt recovery. Replacing manual processes with automated collection procedures...
Read More
Proactive vs. Reactive Debt Recovery Strategies: Finding the Right Balance

Proactive vs. Reactive Debt Recovery Strategies: Finding the Right Balance

One of the top risks in lending is the inability of borrowers to repay loans on time and in full. Hence, debt recovery is one of the most important aspects of the lending life cycle....
Read More
Credit Appraisal in India: Understanding the Regulatory Framework

Credit Appraisal in India: Understanding the Regulatory Framework

Credit appraisal is an integral componеnt of thе lеnding еcosystеm in India, еnabling financial institutions to assеss borrowеrs' crеditworthinеss in-dеpth. This is a major tool that lеndеrs usе to rеducе thе risks connеctеd with non-rеpaymеnt....
Read More
1 2 3 30

Tech-Driven Precision: Navigating RBI’s Updated Priority Sector Lending

The concept of priority sector lending has its origins in 1972. This was when the Reserve Bank of India (RBI) first introduced the concept of opening up credit access to economically underserved consumers. This step was considered to be an...
Read More

Safeguarding Innovation: Top Security Trends for Fintech Firms in 2024

Fintech combines finance and technology and represents the next phase of financial evolution, focusing on innovation. Fintech users, particularly in digital payments, are forecasted to exceed 3.5 billion in 2024. By 2028, the number will reach 4.81 billion. However, as...
Read More

5 Reasons Why Adoption of Business Intelligence in Banking is Set to Increase

Banks have a unique opportunity to leverage new technologies and digital tools to enhance customer experiences and drive innovation in the financial industry. By embracing emerging trends like personalised financial products, spend analytics and cash forecasting, banks can stay ahead...
Read More

Safeguarding Financial Stability: Timely Action of RBI on Unsecured Loans

At present, the ease of the application and loan disbursal process has nudged more Micro Small, and Medium Enterprises (MSME) and retail customers to apply for unsecured loans. For example, the government’s PSB Loans in 59 Minutes initiative accelerates the...
Read More

The Importance of Data Security in Account Aggregator Integration

In a digital-forward economy, borrowers have to repeatedly share extensive personal and financial data with lenders throughout their lifetime, which often poses both inconvenience and security risks. On top of that, this sensitive information includes profile details, addresses, credit card...
Read More

Why Should Lenders Consider Outsourcing Debt Recovery for a Day Past Due

A recent Saral Finance survey suggests that around 67% of Indians have taken a loan at some stage to meet their financial requirements. That is a whopping 938 million people. Worryingly, the number of wilful defaulters has increased steadily over...
Read More

5 Reasons Why Cash Flow Lending Analysis is Necessary for Small Business Lending

Micro, small, and medium enterprises (MSMEs) account for around 30% of the economy, making them one of the most important sectors in India. These businesses also play an important role in safeguarding the cultural heritage of different communities, driving innovation,...
Read More

The Role of Automation in Debt Recovery: Is It Right for Your Business?

Automation has positively impacted industries and has significantly contributed to the growth in the financial services domain. Lenders benefit from automating the entire lending process, including debt recovery. Replacing manual processes with automated collection procedures improves efficiency and helps lenders...
Read More

Proactive vs. Reactive Debt Recovery Strategies: Finding the Right Balance

One of the top risks in lending is the inability of borrowers to repay loans on time and in full. Hence, debt recovery is one of the most important aspects of the lending life cycle. However, traditional debt recovery methods...
Read More

Credit Appraisal in India: Understanding the Regulatory Framework

Credit appraisal is an integral componеnt of thе lеnding еcosystеm in India, еnabling financial institutions to assеss borrowеrs' crеditworthinеss in-dеpth. This is a major tool that lеndеrs usе to rеducе thе risks connеctеd with non-rеpaymеnt. This is also important because...
Read More
1 2 3 30