Synopsis: In today’s blog, we highlight some key factors, trends, and developments that have catapulted the Indian financial sector to a high growth trajectory. The Indian financial sector has undergone a dynamic transformation over the last decade, particularly post-pandemic. Supported... View Article
Synopsis: In today’s blog, we highlight some of the best tips that small enterprises can apply to reduce their business costs and improve their long-term profitability. MSMEs have a cash crunch problem. To be precise, at least 61% of small... View Article
Synopsis: In today’s blog, we will elaborate on some of the basics of credit risk models that lenders utilize to evaluate a borrower’s creditworthiness. Over the recent years, the lending landscape, particularly in the context of credit risk management, has... View Article
Synopsis: In today’s blog, we will highlight the instrumental role played by microfinance in advancing the cause of financial inclusion and poverty alleviation in India. The financially underprivileged sections of society—women, low-income households, and MSMEs, often, face several constraints when... View Article
Synopsis: The Indian government has announced several new measures for giving a leg up to MSMEs in the latest 2023 budget. Below, we highlight the main budget provisions and their impact on MSMEs. Reiterating FM Nirmala Sitharaman’s budget speech, MSMEs... View Article
Synopsis: In today’s blog, we will understand why the human element continues to be crucial for credit underwriting, despite the process becoming automated over time through AI/ML models. The advent of artificial intelligence (AI) and machine learning (ML) models in... View Article