Synopsis: In today’s blog, we will explore the key differences between a credit score and a credit risk assessment for evaluating a borrower’s creditworthiness for the purposes of sanctioning a loan. The decision between a loan extension and a loan... View Article
Concerns about data privacy are of the utmost importance for lending and credit underwriting businesses in the financial sectors. A compromise of the sensitive data that financial institutions manage for their customers in the course of lending and credit underwriting... View Article
entrepreneurship. Platform merchants keep a watch on its profits margin, which is the most accurate indicator of how successful their sales efforts are in relation to your expenses. What is meant by Profit Margin? The total sum of money you... View Article
Synopsis: In today’s blog, we will analyze how RBI’s newly-implemented digital lending guidelines will balance customer rights protection with financial innovation. The digital lending market has been scaling new heights—some estimate a 4.75x growth to $1.3 trillion by 2030. While... View Article
After the COVID-19 pandemic, an accelerated shift has been witnessed in the adoption of innovative technologies by nonbank financial companies (NBFCs). The primary focus of digital lending is on lenders and borrowers as they navigate the digital ecosystem of banking... View Article
The Reserve Bank of India (RBI) has played a crucial role in shaping the Indian economy since its inception in 1935. From managing the monetary policy to regulating the financial sector, the RBI has been instrumental in laying the foundation... View Article