The balance sheet is a financial statement that provides information about a company's assets and its sources of capital (equity and liabilities/debt). In this context, balance sheet analysis examines a company's balance sheet to assess its financial position, liquidity, solvency,...

When financial data is involved, consenting without the full knowledge of the terms and conditions can have trust-reducing consequences for consumers. This can make financial consumers more reluctant to consume important services like loans. On the other hand, consumers may...

The use of Artificial Intelligence (AI) comes with several opportunities to help businesses scale and excel in meeting their goals. AI is now being used in almost every field to build innovative products and services. AI-based predictive analysis is key...

AI in banking is redefining the financial sector and changing how banks function and interact with customers. Financial institutions are assessing options and adopting groundbreaking technology to meet the ever-evolving expectations of tech-savvy customers and meet emerging challenges like security,...

Traditionally, banks have proactively embraced new technologies to improve their services and gain customers. Banks have consistently rolled out tech-driven solutions, from digital ledgers and ATMs to online banking and debit cards. Today, there is unmissable hype around artificial intelligence...

Non-Banking Financial Companies (NBFCs) are crucial for offering various financial services in the contemporary financial and lending landscape. They act as alternatives to regular banks, using advanced tech to streamline operations, manage data efficiently, and meet regulations. The introduction of...

Rеsponsiblе lеnding is a concеpt gaining incrеasing prominеncе. It essentially involvеs еnsuring that loans arе disbursеd to borrowеrs who havе thе ability to rеpay thеm, thus rеducing thе risk of dеfaults and financial instability. To achiеvе this, credit appraisal systems havе...

Whether it’s a bank lending to someone or a company giving credit to another, it all comes down to the borrower's creditworthiness. Without evaluating this, losses are inevitable. In the scenario of a bank lending money to people and companies...

Credit decision-making involves assessing a borrower's repayment capacity and creditworthiness before approving a loan. It is a critical function for lenders as it helps them decide whether to extend credit to an applicant or not and helps them minimise their...

The banking industry has undergone an extensive transformation over the last few years. Rapid digitisation of banking processes and financial ecosystems is reshaping business. Many banks are reducing the number of physical branches while enabling consumers to open accounts online...