Finuit’s Bank Statement Analyzer simplifies processing of MSME Loan Applications
There are over 6.3 million MSMEs in India, with an unmet credit demand of close to 120 billion USD. Access to small ticket loans for MSMEs is often a long, uncertain process. MSME lending landscape faces challenges of credit underwriting necessary for the approval and disbursal of loans. Credit underwriting requires the applicant’s financial data…
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4 AI-Powered Bank Statement Analyzers for MSME Lending
India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often…
NKGSB Co-operative Bank to have a new Corporate Building at MIDC Andheri ( E )
Seen in the photograph H. H. Shreemad Shivanand Saraswati, Peethadish Kavale Math, Chairperson CA Himangee Nadkarni, Vice Chairman CA Shantesh Warty, Members of the Board of Directors & Board of Management, Senior Executives of the Bank and other dignitaries. NKGSB Co-op Bank having a legacy of 106 years is a leading Multi-State Scheduled Co-operative Bank…
Good Moneying Unveils New Initiatives to Empower Financial Wellness
Good Moneying financial solutions is a boutique financial planning firm, dedicated to fostering financial literacy and empowerment, proudly announces the launch of transformative initiatives aimed at enhancing individuals’ financial well-being. As part of its commitment to empowering people with the knowledge and tools to make informed financial decisions, Good Moneying introduces cutting-edge resources and educational…
Savensa: The Pan-India Company That Has Made The Process of Getting a Personal Loan Simple
Today, one comes across a large number of companies in India offering personal loans to individuals. While some of these are Indian organizations, many of them are foreign companies that have also happened to set up base in India. While every company attracts customers through different services and offers, none of them had really managed…
SMC Group strengthens product and engineering verticals; appoints Abhishek Chawla as Group Chief Product and Technology Officer
SMC Group, India’s leading financial services company, has announced the appointment of Abhishek Chawla as Group Chief Product and Technology Officer. Over the last one year, SMC has been scaling its technology and product verticals as it continues to invest in the powerful synergy of technology, innovation, and financial services. Abhishek’s appointment is part of…
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