Introduction
The Unified payment interface or UPI transactions, as we know, the elevated convenience served by UPI systems is one biggest reason it's exceeding other payment methods.
Proof: A report…
India’s economic growth has been exceptional in the past few years. It can be easily attributed to the microfinance companies in India whose immense contribution fueled this rapid growth.
Microfinance…
The contemporary lending environment is going through a paradigm shift. It is way better than the traditional lending process finance and loan companies used to follow. All thanks to rapid…
Micro-financing has played a key role in the rapid economic growth of India. Its contribution has been immense. Private finance companies have made financial assistance within reach of rural youth…
Introduction
As we know, NBFCs are performing an imensive job by providing credit facilities to specific niche sectors, viz., infrastructure and unbanked sections of the economy — thus, driving financial…
Introduction
The Demonization and rise in digital payments paved the way for digital banking units (DBUs) in India, and the RBI’s Digital Payments Index (DPI) has increased to 349.30 in…
Introduction
Why do we need NBFC when we have Banks?
Let's take a quick example - Why do we need Jio, Airtel, Idea, and others when we have BSNL? The…
Have you heard of this quote, "If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business"? A very famous one by Lee Kuan…
The Indian FinTech ecosystem demonstrates uniqueness. Its growth is propelled and determined by numerous factors and the involvement of a myriad of stakeholders, including founders, startups, a vast customer base,…
The financial sector is quite difficult to get a grasp on. Owing to a myriad of sectors that have different norms, it becomes a bit cumbersome to make the right…
Banks and non-banking financial institutions are the most vital financial institutions that not only fulfill the financial needs of individuals and businesses but also have a significant impact on the…
Co-lending, also known as co-origination, is a system in which banks and non-banking financial companies collaborate to provide credit to the priority sector participants. Under this arrangement, banks and NBFCs…
