by Arpan Sarma | Oct 18, 2021 | Uncategorized
In September 2021, CRIF Highmark, one of India’s premier credit bureaus, published a report titled “How India Lends-FY 2021”, and it charted the growth of the Indian lending industry over the past decade. While the report covered ground across several aspects,...
by Arpan Sarma | Oct 14, 2021 | Uncategorized
Digital lending is undoubtedly one of the fastest-growing industries globally, and over the years, observers have continuously noted India’s presence as the hub of this rapid growth. In 2019, the global research and analytics firm Statista benchmarked...
by Arpan Sarma | Sep 23, 2021 | Uncategorized
If you are an MSME owner in India, I am sure that one of the struggles you face on a regular basis is getting access to affordable credit to expand and continue your business operations. Likewise, if you are a lender in India, chances are, you have experienced...
by Arpan Sarma | Sep 20, 2021 | Uncategorized
On 2nd September 2021, 8 major banks across the country, right from SBI and HDFC to Axis and Federal, joined hands for the second time (post UPI) to initiate the launch of India’s new Account Aggregators. But what are account aggregators in the first place, and why...
by Arpan Sarma | Sep 6, 2021 | Uncategorized
Advancing India’s financial inclusion has been on the agenda for RBI, the Reserve Bank of India, since April 2010, when it first introduced the FIP or the Financial Inclusion Plan. Since then, over the past decade, the country’s paramount financial institution has...
by Shreya shrestha | Sep 3, 2021 | Uncategorized
In 2002, the Reserve Bank of India issued a mandate for all financial and non-banking financial institutions across the country to get their KYC procedures in place, and since then KYC has become a synonymous element of every customer’s onboarding journey in a...