Lending

The proverbial story of the chicken and egg is the ideal when it comes to depicting the reality of the Indian lending landscape. Borrowers require a lending score to borrow money but do not have anything as such since they have never applied for a loan before. Traditionally, borrowers also had to comply with the […]

The Micro, Small and Medium Enterprise (MSME) market has been disadvantaged in the traditional banking ecosystem. Due to various factors, banks have prioritised credit to corporations and big businesses over small businesses. According to statistics, India has a total of 633.9 lakh MSMEs in India, comprising 630.5 lakh micro-enterprises and 3.3 lakh small businesses. The […]

Underwriting is an important process in lending operations. A lender’s ability to predict creditworthiness seals the fate of the loan. Whether it will be repaid promptly, or become a non-performing asset, or worse still result in loan fraud, is an outcome of underwriting efficiency. Manual underwriting interventions are no longer sustainable, no matter how many […]

The lending industry worldwide has grown extensively over the last few years. Lenders are on a spree to close the deficit in credit access within the business arena through digital innovation.  As of 2022, the global digital lending platform market was valued at $ 9.56 Billion. It is projected to accelerate at a compound annual […]

It is no overstatement that India stands at the forefront of financial innovation in today’s rapidly evolving landscape. Among the sectors witnessing transformative changes, lending has emerged as a key beneficiary, largely driven by lending software in India. Projections suggest that digital lending in India will approach a remarkable market cap of nearly 350 billion […]