A Redseer Strategy Consultants analysis noted that the share of digital loans was at 1. 8% of all retail loans in FY22 to around 2. 5% in FY24. Sada lending is already emerging as a force in retail lending in India which is set to change rapi....
Read MoreDuring a meeting on Tuesday with chief financial officers and auditors of banks and financial institutions, the Reserve Bank of India expressed concern about certain banks having "lakhs" of accounts used for fraudulent activities and loan evergr....
Read MoreWith renewable energy projected to propel the technology industry, this kind of infrastructure might turn water-scarce cities into water-positive ecosystems. It is rather obvious that semiconductors, artificial intelligence (AI), and quantum ....
Read MoreIn the fourth quarter of fiscal year 2023–2024 (Q4 FY24), finance businesses' sanctioned loans in the consumer credit and gold loan categories decreased one after the other, after a warning from the banking regulator on the rapid increase of t....
Read MoreDays after the State Bank of India (SBI) issued its infrastructure notes, public sector lender Bank of India (BOI) intends to raise up to Rs 5,000 crore through infrastructure bonds. According to BOI authorities, the proposed infra bond issue....
Read MoreIf you were feeling sick, you would visit a doctor, right? Or you would go to a mechanic if your car broke down. In the same vein, seeking advice from a SEBI Registered Investment Advisor (SEBI RIA) is prudent when investing in securities and mu....
Read MoreIntroduction: Green Loans What Are Green Loans? Green loans involve special money offerings that assist homeowners to advance their properties with eco-saving and efficient energy-related upgrades. With the escalation in the price of electricit....
Read MoreIntroduction: The importance of AI in the current loan approval process The loan approval systems have evolved swiftly because banks and other financial institutions have ceased using the traditional methods of paper-based evaluation to use AI-....
Read MoreThe year 2025 will be a milestone of green mobility in India. Banks and NBFCs have also come up with special green vehicle financing programs with the introduction of electric vehicles, hybrid cars, and solar-assisted charging becoming the norm.....
Read More
Pioneering ease of access to Basic Banking & Financial Services in Rural India