According to a report, the number of cases referred to the debt recovery tribunal (DRT), grew significantly to INR 4.02 […]
At the forefront of the significant transformation in lending operations is the automated decisioning stage in loan processing—a technological leap […]
The concept of priority sector lending has its origins in 1972. This was when the Reserve Bank of India (RBI) […]
Fintech combines finance and technology and represents the next phase of financial evolution, focusing on innovation. Fintech users, particularly in […]
Banks have a unique opportunity to leverage new technologies and digital tools to enhance customer experiences and drive innovation in […]
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 […]
One of the top risks in lending is the inability of borrowers to repay loans on time and in full. […]