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. […]
Recently, the RBI has pointed out cases where bank loan rates have been excessively charged, emphasising the need for reform. […]
Loan applicants often submit numerous PDF bank statements. Lenders use web-based financial analysis software to quickly extract and analyse data […]
Due to several factors, lenders are now more likely than ever to make poor risk assessment decisions. These include the […]
Predicting a borrower’s capacity to repay a loan is a complex process. Lenders must make a future forecast about a […]
Regulations have always played an important role in the growth trajectory of lenders across the world. In India, the Reserve […]
Non-banking finance Companies(NBFCs) have witnessed exponential growth globally and within the country. They are playing a crucial role in providing […]
Extending credit inherently often carries risk for lenders, such as: Borrower’s inability to repay due to job loss, unexpected expenses, […]
Lenders face several challenges concerning the credit risk management process. Some of these include inadequate data quality, lack of skilled […]