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33. Gold Loans Explained: Unique Aspects One Must Know

  Introduction Gold’s allure and dominance as the principal medium of trade have captivated all civilizations around the world since the beginning of time. Because of its inherent excellence, pristine condition, potency, and demand, it has always stood as a symbol of its owners’ pride. The rising value of gold means that you can now […]

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35. DLG in Digital Lending: Upholding Transparency and Protection through RBI’s Directives

  Introduction The transformative effect of digital lending is bridging the gap between new technology and the banking sector.  Fintech companies have simplified the lending and borrowing processes by integrating traditional financial services with cutting-edge digital technologies. Recently, there has been a surge of optimism and excitement among fintech groups, established lenders, and investors since […]

Data Analytics for Smarter lending decisions

38. The Power of Data Analytics: Smarter Lending Decisions

  In today’s information era, one of the most important factors in achieving business success is learning how to assess and get value from our company’s digital insights. Financial institutions have been considering the borrower’s income and employment stability before approving a loan. And now, with the help of advanced data analytics technologies, it is […]

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39. All about RBI’s new Compromise Settlement.

  On June 2023, t he Reserve Bank of India (RBI) declared that a compromise settlement involving willful defaulters is not a recent development and has existed for more than 15 years. Several groups, notably bank unions, have voiced opposition to the declaration. Common symptoms of the financial crisis include insolvency and a lack of liquidity. […]