It is common for companies to offer credit terms to their customers to increase sales and build customer relations. As a result, the company cannot access their money until the customers pay all the invoices. This leads to cash flow problems for the company, making it difficult to manage day-to-day operations and invest in the […]
What Does RBI’s Latest Digital Lending Guidelines Signify?
India’s digital lending market has grown considerably in recent years. Many fin-tech providers are offering easy loans to customers without collateral. While these loans are helpful for some customers who may be unable to get approved loans by a bank, the unregulated nature of this sphere proposed quite a few problems. Violations of customer data […]
5 Reasons Driving Global Digital Lending Rise
Digital lending has been gaining popularity all around the world. Not only are FinTech start-ups adopting digital lending, but even established multi-national banks are leveraging digital tools for the purposes of lending. The financial sector, in India and around the world, is now in the midst of digital transformation. All processes of such institutions are […]