Financial institutions are witnessing a significant shift towards secured lending products, with Loan Against Security (LAS) emerging as a preferred […]
India’s financial sector faces mounting challenges as economic offences in lending grow increasingly sophisticated. In the first half of FY […]
The increased complexity of financial fraud necessitates forensic audits. Instances like ₹7,800-crore Satyam scam and the ₹13,000-crore PNB fraud show […]
In FY2023-24, banks approved a record-high 944 corporate loans totalling INR 2,90,978 crore, marking a substantial increase from the 547 […]
In June 2024, the Punjab & Bank signed an MOU with the Indian Army to facilitate salary accounts. HDFC Bank […]
Recently, cybercrime authorities froze approximately 450,000 suspected mule bank accounts. The State Bank of India reported nearly 40,000 detected cases, […]
With the advancement of online banking and globalisation, lenders are exposed to money laundering and financial fraud more than ever. […]
Over the last five years, the fintech industry in India has grown by leaps and bounds. As of September 2024, […]
Credit score service companies are becoming a vital component of risk management as we see a decrease in the Gross […]
At the forefront of the significant transformation in lending operations is the automated decisioning stage in loan processing—a technological leap […]