Synopsis: Digital transformations such as artificial intelligence, data analysis tools, and third-party integrations can help NBFCs streamline operations and boost customer experience. Read along to learn more about how NBFCs can adopt digital transformation and cloud-based solutions. One of the... View Article
Synopsis: The interest paid on the business loan is tax-deductible under Section 80C of the Income Tax Act of 1961. This means that the interest paid can be deducted as business expenses when filing income tax. Read along to know... View Article
Synopsis: Financial institutions can help bridge the employment gap significantly by providing businesses with access to credit facilities. This helps them not only attract top talent but also retain them! Continue reading to know how to bridge the employment gap... 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