Digital Lending

The launch of the Unified Payments Interface (UPI) network in India in 2016 revolutionised the payments domain. This system enabled instant and secure payments by anyone with a mobile phone and bank account. Since then, digital payments have become the go-to mode of payments across economic strata. The financial year 2022 to 2023 recorded digital […]

Thе lending sеctor is undеrgoing a transformativе phasе known as decentralised finance (DеFi). In India, its emergence has been nothing short of rеvolutionary. Among its many facеts, DеFi lеnding stands out as a pionееring forcе rеshaping traditional borrowing and lеnding practices. Dеfi has surgеd forward, amassing an imprеssivе amount of capital in a rеmarkably briеf […]

India is a young and developing economy with a population of more than 1.4 billion people. Until the last decade, the country grappled with various challenges across multiple fronts, hindering its overall progress. While most of the problems still exist, we focus on one particular area that deserves the limelight and widespread appreciation: India’s push […]

India’s economy has stood firmly in the last few years despite grappling with internal and external hurdles. As of now, the country’s financial ecosystem is evolving at a rapid pace with the widespread adoption of digital lending solutions, driven by notable advancements in financial technology (Fintech), the entry of non-banking financial companies (NBFCs), positive regulatory […]

Effective risk management is crucial for lenders as it helps them identify, evaluate and mitigate risks. The rapid growth of credit operations, rising customer expectations for personalised solutions and lower turnaround further emphasise the need for robust risk assessment and management tools. As per a report in Hindu Business Line, retail loans grew at a […]