Reading Time: 2 minutesIn a groundbreaking move, the State Bank of India (SBI) has adopted an unconventional strategy to recover non-performing accounts…
Reading Time: 7 minutesOver the last few years, the Indian financial services industry has seen several technological innovations that have led to…
Reading Time: 5 minutesInternet of Things (IoT) is a transformative technological paradigm that encompasses a network of interconnected devices and objects capable…
Reading Time: < 1 minuteReserve Bank of India (RBI) increased risk weights on consumer loans from banks, non-banking finance companies (NBFCs), and credit…
Reading Time: 6 minutesRecently, The Reserve Bank of India Governor, Shaktikanta Das unveiled plans to introduce conversational payments on the Unified Payments…
Reading Time: 5 minutesIn India, Priority Sector Lending in banking pertains to the compulsory lending targets for priority sectors as established by…
Reading Time: 6 minutesAs the processes in finance evolve and are modernized, credit risk assessment is undergoing a change, largely driven by…
Reading Time: 7 minutesThe financial services consumer landscape is witnessing a dramatic shift as the Generation Z (Gen Z) population gains prominence.…
Reading Time: 5 minutesDebt collection is an essential and most important component of the lending ecosystem. It ensures the smooth functioning of…