India’s digital transactions skyrocketed from 2,071 crore in FY 2017-18 to 18,737 crore in FY 2023-24, with a stunning CAGR […]
The rise of non-banking financial companies (NBFCs) in India can be attributed to their impressive credit appraisal systems and inefficient […]
Traditional financial statement analysis methods are increasingly becoming obsolete. They primarily rely on basic tools such as the Profit and […]
Imagine applying for a loan and receiving approval within minutes—all thanks to cutting-edge AI tools. No more waiting for days […]
India’s digital lending market is on the brink of a revolution, with projections indicating a surge from 1.8% of retail […]
Rapidly growing transaction volume and the ever-increasing threat of data breaches make it imperative for banks to look for innovative […]
A borrower’s financial data provides significant insight into their financial status and creditworthiness. This data helps banks make lending decisions […]
Financial statements offer insights into the health of an individual or a business. Lenders can extract valuable information from bank […]
Loan fraud is one of the top financial risks faced by lenders today. As of May 2024, it was revealed […]
As the lending industry continues to grow, risk assessment and management will emerge as one of the top functions, enabling […]