Synopsis: In this article, we will explore what credit history is and why it is essential. We also discuss its crucial role in shaping decisions about loan approvals and interest rates. Among the hordes of financial advice often dispensed by... View Article
Synopsis: In this article, we delve into the wide variety of credit scoring models, including their transition from traditional methods to more data-driven, innovative methods involving AI/ML. The improved access to diverse data sources paired with higher computing power has... View Article
Synopsis: In this article, we will describe the factors fueling mobile lending’s popularity along with the elements that make it truly convenient to use. The RBI’s latest decision to sanction pre-approved credit lines through UPI has put mobile lending back... View Article
Synopsis: In this article, we discuss why borrowers are growing concerned about data privacy and security and the ways NBFCs are dealing with their concerns to retain and grow their trust. In the aftermath of the COVID-19 pandemic, digital lending... View Article
Synopsis: In this article, we will outline how GST, the poster child of the indirect tax regime, impacts enterprises seeking business loans. The Indian government introduced the Goods and Services Tax (GST) regime in July 2017 to streamline the indirect... View Article
Synopsis: In today’s article, we will discuss the role played by the repo rate in the monetary policy framework and its subsequent impact on your personal and business finances. Serving as the nation’s central bank, the Reserve Bank of India... View Article