Synopsis: An effective credit risk management policy can assist lenders in improving their performance and beating out their competition. We understand what goes into building an effective credit risk management framework below. The COVID-19 crisis put credit risk management back... View Article
Synopsis: In today’s blog, we will elaborate on the framework of 5Cs, which lenders utilize to evaluate the creditworthiness and strength of a borrower’s profile. Lenders, including banks and NBFCs, carry out extensive credit analysis before sanctioning loans to minimize... View Article
Synopsis: In today’s article, we will discuss the differences in the models employed by lenders to determine collection risk and the underwriting risk of loans and how these processes can be improved further through analytics. Individuals, companies, and governments have... View Article
Synopsis: Credit risk management entails reviewing a number of processes to guarantee that funds are lent to trustworthy individuals. Keep reading as we discuss the various credit risk management trends in 2022. There is a new sense of urgency in... View Article
Synopsis: Credit risk management involves analyzing a number of measures to verify that funds are provided to trustworthy hands. Continue reading as we discuss more about it and its elements. When a lender extends credit to a borrower, there is... View Article
Synopsis: The CIBIL score plays a crucial role in your loan application process. Continue reading to learn the importance of a CIBIL score and why lenders check it before approving any loan. CIBIL score is one of the most important... View Article