Credit decision-making involves assessing a borrower's repayment capacity and creditworthiness before approving a loan. It is a critical function for lenders as it helps them decide whether to extend credit to an applicant or not and helps them minimise their...

The banking industry has undergone an extensive transformation over the last few years. Rapid digitisation of banking processes and financial ecosystems is reshaping business. Many banks are reducing the number of physical branches while enabling consumers to open accounts online...

Credit appraisal is a crucial process which lenders use to make informed decisions while lending and stay away from defaults and other risks. It involves thoroughly examining the applicant's total income, debt levels, assets and credit history. Balance sheet analysis...

Have you ever wondered what happens when you apply for a loan? A complex decision-making process for loans is set in motion. At present, this decisioning stage in loan processing stands at the crossroads of a transformation, wielding the power...

Despite the arrival of cutting-edge technologies, including artificial intelligence (AI), robotic process automation (RPA), and big analytics, Microsoft Excel still commands a firm grip over financial companies. Even today, analysts at Wall Street continue to rely on Excel sheets primarily...

Borrowing is evolving as fintechs in India usher in a new era, shifting away from traditional banking methods. The digital lending market, valued at $43.16 billion in 2018, is projected to skyrocket to $567.3 billion by 2026, boasting a remarkable...

A mere decade ago, instantly delving into a borrower's financial history would have been considered sorcery. Today, however, APIs for GSTR analysis make this a daily reality. The APIs (Application Programming Interface) effectively ensure tracking of GST compliance, pinpoint errors,...

A healthy cash flow is the signifier of a thriving business. This financial status is especially beneficial for borrowers who do not own assets, which they can offer as collateral to lenders. Access to cash flow lending is enabling more...

Efficient risk management is vital for financial institutions' success and stability. The April 2023 Global Financial Stability Report shows rising stability risks, highlighted by recent banking sector turmoil due to tighter monetary conditions and vulnerabilities since the global financial crisis....

There is a growing trend of some players in the startup world using misrepresented financials to attract an injection of capital into their ventures. For instance, a recently acquired promising startup was in the news when the acquirer discovered that...