Your Guide to Microfinance in India
A majority of lenders consider microfinance to be an important part of their business. Over the decades, microfinance has been growing in importance in India as the lending industry increases its market penetration. Microfinance can
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What is Retail Lending?
Lenders cater to different markets using different kinds of products. A major category for lenders is retail lending. Retail lending refers to loans that are sanctioned to retail borrowers also called individual consumers. As opposed
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A Guide to Digital Debt Collection
Digital debt collection refers to the use of digital channels such as email, text messaging, and social media to communicate with borrowers who have overdue payments. This approach is becoming increasingly popular in India and
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Understanding the Debt Collection Process
Debt collection is a crucial aspect of the financial industry that helps creditors recover outstanding debts from consumers. The debt collection process can be complex and overwhelming for both creditors and debtors. Understanding the debt
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Guide to Debt Recovery Laws in India
Guide to Debt Recovery Laws in India What are Debt Recovery Laws? Let us know what a debt recovery law is before we learn more about India’s debt recovery laws. Money transactions keep happening and
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Grounds for Setting Aside an Arbitral Award: A Detailed Examination
Many lenders and enterprises prefer arbitration as a means of dispute resolution compared to relying on the courts of law of India. Arbitration can be much more efficient and is a completely confidential process that
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Optimizing Debt Recovery with Feet-on-Street App: Key Features and Implementation
Leeds to visit several defaulting borrowers every day. This means that they need to travel all over the city and do it quickly. The main hindrance that field agents face while traveling is being sure
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The Role of Technology in Field Debt Collection – A Comprehensive Guide
Field operation is the most essential component of any on-site collection endeavor. Field operations involve a debt collection agent physically visiting a defaulting borrower in an attempt to persuade the borrower to clear their overdue
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