It is becoming something of a post-pandemic mantra in India: A lender whose portfolio of unsecured retail loans is not increasing by 50% annually is not trying hard enough. All kinds of bank and non-bank lenders are heaping credit on household balance sheets even though the consumer economy is fragile. A tiny minority is in … Repayment collection in India is a new field of tech innovation
It is becoming something of a post-pandemic mantra in India: A lender whose portfolio of unsecured retail loans is not increasing by 50% annually is simply not trying hard enough. All kinds of bank and nonbank lenders are heaping credit on household balance sheets even though the consumer economy is fragile: A tiny minority that … Tech Is Collecting Loans It Helped Create
This is becoming the mantra in India post-pandemic: A lender whose portfolio of unsecured retail loans isn’t growing 50% annually is simply not trying hard enough. Banks and non-bank lenders of all kinds are adding credit to household balance sheets, even though the consumer economy is fragile: a small minority who can afford luxury goods … Tech is collecting the debt that helped build it
यह भारत में महामारी के बाद का मंत्र बन रहा है: एक ऋणदाता जिसका असुरक्षित खुदरा ऋण का पोर्टफोलियो सालाना 50% नहीं बढ़ रहा है, वह पर्याप्त प्रयास नहीं कर रहा है। उपभोक्ता अर्थव्यवस्था कमजोर होने के बावजूद सभी प्रकार के बैंक और गैर-बैंक ऋणदाता घरेलू बैलेंस शीट पर क्रेडिट का ढेर लगा रहे हैं। … भारत में चुकौती संग्रह तकनीकी नवाचार का एक नया क्षेत्र है
Needless to say, collection platforms have taken giant strides to ensure a seamless flow of information to platform users and borrowers. Thanks to personalized content and user-friendly gateways, integrated and digital platforms have persuaded existing and potential customers of the platform to engage with the collection agency.