Bank Statement Analysis Archives

Tag: Bank Statement Analysis

03/12/2024

4 Reasons Why Lenders Rely on Fintech Solutions for Bank Statement Analysis

India’s digital lending market has grown from strength to strength. In the financial year 2023-24, the sector experienced a remarkable […]

30/11/2024

Paper vs. Digital Bank Statements for Loan Approval: What Lenders Need to Know

Evaluating an applicant’s creditworthiness is essential in the loan approval process. Analysing bank statements for loan approval offers lenders a […]

26/11/2024

How Bank Statement Analysis Software is Expanding Access to Credit

The demand for credit among diverse audiences in India continues to rise. This has created opportunities for lenders to scale […]

21/11/2024

5 Key Challenges for Fintech Startups in India – And How to Solve Them

Over the last five years, the fintech industry in India has grown by leaps and bounds. As of September 2024, […]

26/10/2024

8 Important Metrics Bank Statement Analysers Evaluate and Track

Indian banks have written off a whopping $9.9 trillion worth of loans in the last five years, out of which […]

14/10/2024

How Precisa’s Bank Statement Analyser Tool Benefits Loan Approvals

India’s digital lending market is on the brink of a revolution, with projections indicating a surge from 1.8% of retail […]

30/09/2024

Understanding the Role of Cloud Computing in Streamlining Bank Statement Analysis

Rapidly growing transaction volume and the ever-increasing threat of data breaches make it imperative for banks to look for innovative […]

21/09/2024

Fintech Companies in India: How Robo-Advisors Are Enhancing Service Delivery

Robo-advisors are automated platforms that recommend personalised investment options and portfolios based on a theme or strategy specific to the […]

05/09/2024

Harnessing Predictive Analytics: Future Trends in Financial Statement Analysis

Financial statement analysis generally assesses a firm’s financial health and performance. The income statement, cash flows, balance sheet, etc., present […]

03/08/2024

Duration Gap Analysis vs. Repricing Gap: Which Analysis is Right for Your Lending Business?

Lending businesses face multiple risks; one of them is interest rate risk, which is losses occurring due to adverse interest […]

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