India’s lending landscape has evolved rapidly in the last decade, driven by the onset of non-banking financial companies (NBFCs) and […]
The Reserve Bank of India (RBI) has continually strengthened its laws against money laundering, levying significant fines on non-complaint banks […]
According to a recent Reserve Bank of India (RBI) report, bank fraud cases increased by 27% year-on-year in FY 2024-25. […]
The increased complexity of financial fraud necessitates forensic audits. Instances like ₹7,800-crore Satyam scam and the ₹13,000-crore PNB fraud show […]
The Reserve Bank of India’s (RBI) Unified Lending Interface (ULI) is a groundbreaking technological innovation poised to transform the Indian […]
The Economic Times reports that it could take upward of seven years to solve all the pending debt recovery cases […]
A borrower’s financial data provides significant insight into their financial status and creditworthiness. This data helps banks make lending decisions […]
According to a report, the number of cases referred to the debt recovery tribunal (DRT), grew significantly to INR 4.02 […]
The concept of priority sector lending has its origins in 1972. This was when the Reserve Bank of India (RBI) […]
At present, the ease of the application and loan disbursal process has nudged more Micro Small, and Medium Enterprises (MSME) […]