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Credit-Risk-underwriting

Technology Revolutionizing Credit Risk Underwriting in the NBFC Sector

Bank, business loan, Finance, FinTech, Loan, UncategorizedMay 30, 2023108Views0Likes0Comments
The NBFC sector has undergone a significant transformation in the lending landscape with the advent of digitalization. Automation has revolutionized various aspects of NBFC operations, such as customer acquisition and verification. However, the credit risk underwriting process, which determines the borrower's creditworthiness, is still heavily reliant on manual assessment in many NBFCs. This manual approach…

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