Meerut, 24 July 2024 – Renowned leader Satyendra Kumar delivered an insightful analysis of India’s Union Budget for the fiscal year 2024-2025 at the FinTech Conclave held in Meerut, Uttar Pradesh. Drawing on his extensive experience, Kumar provided a detailed evaluation of the budget’s focus on infrastructure development, fiscal stability, and social welfare. Infrastructure and...
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...
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...
Nxcar Leads Auto Fintech Innovation as the First Company to Introduce Loans for Peer-to-Peer Used Car Transactions
Gurgaon-based automotive fintech company, Nxcar, has launched an integrated platform for pre-owned car transactions in India. For the first time, individual customers can access loans, vehicle inspection, valuation, insurance, and RC transfer services, whether they are purchasing second-hand cars from individual sellers, dealers, or classified listings. With 7.2 million cars expected to be sold in 2024,...
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...
Improving healthcare, alleviating poverty & much more with Rajesh Khullar, ED-WBG
Rajesh Khullar, Executive Director at the World Bank Group, chairs the Committee on Development Effectiveness. His expertise lies in bilateral economic diplomacy, poverty alleviation, infrastructure financing, and strategic communication. Currently, Mr Khullar represents Bangladesh, Bhutan, India, and Sri Lanka at the World Bank. Mr Khullar spoke exclusively to Annika Dhariwal, a 17-year-old student from Cheltenham...
How Can A Home Loan Calculator Make It Simple To Plan For A Home Loan?
Applying for a home loan is a big financial commitment – one that usually lasts decades. A home loan allows buyers to finance their purchase without draining their savings or compromising their dream house. However, your home loan planning doesn’t end with choosing the right home loan provider. It involves a lot of financial and...