What is Digital Lending? Digital Lending as defined by RBI (Reserve Bank of India) means “A remote and automated lending process, largely by use of seamless digital technologies for customer acquisition, credit...
Tag - NBFCs
Introduction Introduction of Artificial Intelligence (“AI”) and robotic process automation are providing spectacular customer services to borrowers. A research was conducted by Accenture on impact of AI on profitability...
What are the types of NFBCs? Non-Banking Financial Companies (“NBFC”) have come into prominence post the pandemic and the start-up boom in the country. The reason being NBFCs provide seamless and prompt lending services...
Introduction You must have definitely heard about Muthoot Finance Ltd at least once in your lifetime. It is India’s first Non-Banking Financial Company (“NBFC”). With the rise in the number of start-ups in our economy...