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Optimizing Loan Repayment Processes with BBPS:
A Lender's Guide

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Efficiently Managing Your Auto LoanPortfolio: Streamlined Strategies & Advanced Resources

In the dynamic landscape of auto lending,the effective administration of a loan portfolio often presents a complexchallenge. It necessitates a delicate balance between ensuring timelyrepayments, mitigating risks, and maintaining transparent communication withborrowers. Fortunately, contemporary technology, in the form of auto loansoftware, provides a valuable resource in this endeavor.

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October 11, 2022

NBFCs directed to Implement Core Financial Services Solutions by September 2025

Reserve Bank of India (RBI), in a circular published on October 1, 2022 said it has been decided that NBFCs - Middle Layer and NBFCs - Upper Layer with 10 and more 'fixed point service...

October 14, 2022

4 Pillars of Digital NBFC

When you look at today’s customer, they don’t compare different financial service providers anymore, they compare Experiences. Now, Consumers lives are better than ever, with real-time, smart digital services being delivered by smartphone. Booking a taxi, planning holidays, shopping online – It’s all easy, instant and seamless.

October 14, 2022

6 Factors that led Growth of NBFCs In India.

Non-banking Financial Companies (NBFC) sector in India has undergone a significant transformation over the past few years and plays a significant role in the growth of the Indian financial system.‍...

October 13, 2022

Ten-pointer Checklist To Transform Your NBFC.

With the intervention of technology, NBFCs have penetrated into the grassroots level of the economy and eased the accessibility in the lending industry. As a consequence of soaring opportunities,...

October 13, 2022

5 Big Techs Disruptions That Are Changing Indian NBFCs.

Banks have always been perceived as preferred lending partners in India. However, there is a massive base of borrowers at the mid and bottom level of the income pyramid, MSMEs, that...

October 27, 2022

How Nbfc Software Could Make your lending business easy

NBFCs or Non-Banking Financial Institutions/Companies play a leading role in extending financial services and in promoting global economic growth by addressing diverse financial needs...

October 14, 2022

5 Reasons Why NBFC’S must Embrace Smart Technology Today

The NBFC sector in India is revolutionizing. Industry experts believe that the lending market is as big as $600 million and is further growing at a rate of 19% -21%. Alternative lending firms,...

October 13, 2022

Tech Giants Are Coming To Hunt You Down, NBFCs. Be Prepared.

If the pond is the business world, and the Shark is, let's say, a tech giant like Amazon, Google, or even big Indian players like Paytm, they not only survive in the pond, they disrupt it! For eg, Amazon,...

October 13, 2022

Is Compliance Killing The Speed Of Your NBFC? AutoCloud Can Help!

Adhering to legal and regulatory compliances with agility has been a never-ending effort for NBFCs. With the governing bodies such as RBI regularly introducing new norms in the industry,

October 13, 2022

Can NBFCs Follow Banks To Create Its Own Ecosystem Using APIs?

NBFCs in India have exponentially grown on the shoulders of technology in the last decade. Digitalization gave Indian lending industry the hope to become $100 billion in size by 2023...

October 13, 2022

Why Loan Management System is the core technology for NBFCs.

In an effort to boost the NBFC sector, Union Budget 2020 paved way for it to become a part of the TReDS, an electronic platform to finance/discount trade receivables of MSME's....

June 16, 2023

Collaborative Lending for EV Financing: A Win-Win Situation for Banks and NBFCs

With collaborative lending, customers enjoy numerous advantages. They gain access to increased loan amounts and competitive interest rates, making EV ownership more affordable.

October 13, 2022

Is Co-lending The Final Answer to The NBFC Crisis? Let’s find out!

2019 was a wake-up call for the RBI, Government, and the economic experts to focus on the NBFC crisis on priority, if the lending industry is to be saved from a collapse...

May 29, 2023