With a demand of 747 tonnes in 2023, many in India see gold loans as an investment handed down through the years. Plus, there’s a formidable growth factor, too: Rising government support and consumer demand will push the gold loan market to reach ₹15 trillion by 2027. One cannot stress the need for accurate gold […]
Strategic Credit Management for Corporate Loan Portfolios
The business loan portfolio is an important vertical for lenders. The value and volume of individual loans are sizable compared to other segments, such as MSMEs and retail loans. In 2024, public sector banks indicated growth in their corporate loan portfolio in sectors such as energy and infrastructure. SBI’s year-on-year loan book, for instance, grew […]
Understanding Cluster-Based Lending Approaches for MSME Finance
The Government has designed policies and taken steps to encourage financial institutions to provide adequate and timely credit to MSME finance to facilitate their development. Reports suggest 27.4 million MSME loans were sanctioned during the financial year 2024, amounting to Rs 54.2 trillion, a growth of 19.3 per cent in volume and 5.4 per cent […]
3 Ways Advanced Tech is Reshaping Personal Loan Underwriting
In 2024, personal loans grew by 14.4% in India, surpassing ₹55.3 lakh crore, indicating the rising demand for credit. However, Indian banks have highlighted a concerning trend wherein non-performing assets (NPAs) increased by a whopping 51% to ₹11,210 crore in June 24 against ₹7,422 in March 23. These figures indicate that despite a growing demand […]
Maximizing MSME Loan Portfolios: AI-Driven Risk Assessment Strategies
The Micro, Small, and Medium Enterprise (MSME) sector continues to be a promising yet underserved segment in the credit market. By March 2024, for instance, the MSME loan segment witnessed a 17.8 % growth compared to the same period the previous year. The total valuation of the loan portfolio increased to INR 64.1 trillion. Therefore, […]