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) […]
In a digital-forward economy, borrowers have to repeatedly share extensive personal and financial data with lenders throughout their lifetime, which […]
A recent Saral Finance survey suggests that around 67% of Indians have taken a loan at some stage to meet […]
Micro, small, and medium enterprises (MSMEs) account for around 30% of the economy, making them one of the most important […]
Automation has positively impacted industries and has significantly contributed to the growth in the financial services domain. Lenders benefit from […]