Synopsis: Strong credit flows not only helps MSMEs get better interest rates, but also expand their operations. However, there is a major lack of organic credit flow to the MSME sector. Continue reading to know about the different strategies MSMEs... View Article
Synopsis: Having an emergency fund to be used in times of need is a no-brainer. Ideally, it should be three to six times your monthly expenses. Continue reading to know more about its importance and how to build one. Emergency... View Article
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