MSMEs are turning to NBFCs, which use alternative data to assess the creditworthiness and financial health of small businesses to make informed decisions. Let’s understand how NBFCs leverage different sources of alternate data to assess borrowers’ creditworthiness beyond traditional credit... View Article
Synopsis: The business landscape in 2024 will witness remarkable growth, with experts advising an uptick in demand for fast loans among enterprises aiming to seize lucrative opportunities. In this regard, explore why NBFCs might be a better fit for your... View Article
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: 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