Bangalore (Karnataka) [India]/ New York [US], September 30: Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that BharatLoan has completed implementation and is live on its credit BRE platform and Account Aggregator journey. This deployment is enabling faster and augmented loan decisioning process, fostering quicker access to credit for underserved individuals. BharatLoan is a FinTech &...
In the backdrop of a shifting economic landscape, Indian lenders are experiencing a harsh reality check as their earnings face challenges amidst the uncertainties in the financial sector. Recent reports from leading financial institutions indicate that the profitability of Indian banks is under pressure due to a combination of factors, causing investors to adopt a...
Mumbai: In a groundbreaking development that promises to reshape the financial landscape, leading financial institutions have introduced the Portfolio First Loan Default Guarantee program. This innovative guarantee is set to revolutionize loan performance and offer enhanced financial stability in India’s lending ecosystem. The Portfolio First Loan Default Guarantee, designed to address the concerns surrounding loan...