Digital innovation and fintech have made life easier than ever. There is hardly any waiting in the line. You can […]
Imagine applying for a loan to start your dream business. The lender is excited about your idea, but they need […]
Lenders face several challenges concerning the credit risk management process. Some of these include inadequate data quality, lack of skilled […]
Rеsponsiblе lеnding is a concеpt gaining incrеasing prominеncе. It essentially involvеs еnsuring that loans arе disbursеd to borrowеrs who havе […]
Credit decision-making involves assessing a borrower’s repayment capacity and creditworthiness before approving a loan. It is a critical function for […]
Credit appraisal is a crucial process which lenders use to make informed decisions while lending and stay away from defaults […]
A balance sheet is a vital financial statement that summarises a company’s assets, liabilities, and equity status as of the […]
Over the last decade, artificial intelligence (AI) has made a noteworthy impression across different industries, and finance is no exception. […]
The creditworthiness of a person determines their probability of obtaining a loan from a bank or other financial institution. Furthermore, […]
Digital transformation has influenced the rate at which business or personal loans can be disbursed. As of 2023, the value […]