Digital processes like loan monitoring, customer segmentation, and communication are being developed and improved to enhance the debt recov...

ICICI Bank outscored peers such as HDFC Bank and Kotak Mahindra Bank on bounce rates, or skipped automatic monthly loan repayments, pointin...

With the pandemic providing renewed impetus to MSMEs to digitalize and formalize, proprietors are becoming increasingly comfortable with ha...

Bounce rates rates tracked by NPCIs e-NACH platform came in at 33.0% and 26.8% by volume and value respectively for the month of August. In...

Data from NACH, a clearing service for interbank transactions run by the NPCI, show that bounce rates for May 2021 was at 30.7 per cent in ...

The report delves into a comparative analysis of how different sectors and payment modes performed in 2021, as compared to 2020, when busin...

Lendingkart 2gthr provides enhanced loan management capabilities, credit underwriting model and flexibility to configure co-lender specific...

The mopup was significantly higher that the fund house's two previous NFOs in the last one year, when Sundaram Equity Fund had mobilies Rs ...

This is in stark contrast to the formative days of fintech. Many started business after the financial crisis of 2008-09 with the idea of be...

The Union Minister for MSME, Nitin Gadkari, has outlined a plan to increase the sector’s GDP contribution to 50% from the current 29%, as I...

According to a Omidyar Network-BCG report, estimates of digital lending to MSMEs in India will go upto Rs 6-7 lakh crore by 2023.

While H1 saw big fund raises, latter half hit by a funding squeeze & SC order on Aadhaar verification

The apex court's ruling which barred private companies from accessing the biometric database hit the banking and broader financial services...

Many financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...

Digital lenders are set to see operational costs increase as they will no longer be able to use a completely paperless model for automated ...

Two of the most critical building blocks entail accurately assessing the risk of a borrower and creating mechanisms to collect repayments i...

We embraced the IndiaStack platform from day one and we were one of the first to embrace UPI and e-NACH for collections and eKYC for accoun...