Category: Lending
November 22, 2018
Digital Lending Can Help Banks Boost Their Loan Origination Revenues & Net Promoter Scores
In a world that is largely moving towards digitization and disruptive technologies such as AI and IoT, banks have been unable to incorporate and utilize these technologies into their processes, leading them to scoring the lowest customer satisfaction or Net Promoter Scores, across industries. With[...]
October 25, 2018
Tips for a digital lending approach for lenders
Every newspaper that you flip through, any online website you browse - you are bound to read something about digital lending, Online lending, P2P lending, alternative lending or the multiple variants of those terms. BCG has released a report on Digital lending in India and[...]
October 4, 2018
NPA’s and Role of Technology to contain it
Growing Non-Performing Assets (NPAs) is one of the biggest hurdles that banks are facing globally, especially Indian Banks. In a situation like this, where the economy is going through a slowdown, it is but obvious for certain individuals and companies being unable to repay loans[...]
August 30, 2018
10 Predictions by BCG that can Disrupt the Digital Lending Landscape in India in Next 5 Years
The introduction and implementation of open architecture layers such as Bharat Bill Payment Systems, UPI, Aadhaar and payments like GSTN, TReDS and GeM has enabled India to leapfrog many advanced economies. According to Boston Consulting Group’s report on digital lending, digital retail lending is gaining[...]
August 16, 2018
Unsecured SME Loans – Reimagining digital journey
Recently, BCG has released a report on Digital lending in India and estimated the digital lending market to be $1 trillion over the next five years*. There is no doubt that more and more SME businesses are evolving in India and they are looking at[...]
July 27, 2018
How LendFoundry can help seize the $1Trillion opportunity for digital lenders
The acceleration of innovation is growing exponentially and as per a Boston Consulting Group Report, digital lending will grow 5X in next 5 years to hit $1Tn by 2023 – in India. The report further lays out a winning agenda for Industry applicable to both[...]