We cannot discuss digital-first loan origination systems without commenting on India’s commercial loan portfolio, which expanded by an impressive 17.8%, reaching ₹64.1 trillion in the financial year (FY) 24. Additionally, while Medium and Small Enterprises (MSME) loans witnessed a 13.9% year-on-year (Y-o-Y) growth between FY 2020 and 2023, individual loans grew by 13.5% Y-o-Y in […]
Loan Management Software: Must-have AI Features in 2025
RBI’s Financial Stability Report indicates that banks’ gross NPA ratio fell to 2.6% as of September 2024. In ten years, this has been the lowest. Although steady collections and consistent credit growth helped the GNPA ratio drop to 4.0% for NBFCS, the need to preserve asset quality still looms. RBI is keeping an eye on […]
The Tangible Benefits of Implementing Advanced Loan Origination Software
Traditional loan origination processes, plagued by manual bottlenecks, delayed approvals, and regulatory risks, cannot keep up with increasing demand. The need for a significant transformation is evident. The Loan Origination Software (LOS) can be that. It automates loan workflows, improves accuracy, and ensures compliance with changing financial regulations. With digital lending in India expected to […]
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 […]
Cloud-Based vs. On-Premises Loan Origination Software: Pros and Cons for Financial Institutions
Modern loan origination software has eliminated historical barriers through powerful integrations, enhanced functionality, and optimised costs. These advances have transformed conventional banking platforms characterised by complex setups and rigid infrastructure. However, one critical decision financial institutions face when adopting such software is choosing between cloud-based and on-premises loan origination software. Each option comes with its […]
From Data to Decisions: AI’s Role in Modern Credit Underwriting
Today, Artificial Intelligence (AI) plays a transformative role across various sectors. In financial services, a recent survey, for instance, indicated that 13% of banks are already leveraging AI in lending operations to boost efficiency and performance. Over 50% of the surveyed banks aim to invest $100,000 or more in machine learning-driven credit models over the […]