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…
NBFCs are your go-to option when you need urgent cash to fulfill a myriad of needs. This is particularly true when you are looking for a loan with a not-so-good credit score.
NBFCs came into existence in the 1960s in India and soon became a great alternative for individuals and businesses whose needs could…