Introduction Personal loans are un-secured lending not backed by any collateral. But some time to mitigate the risk, bank can ask for guarantee from the third party. Following sub- products falls under this major category of bank asset product – Personal loans Revolving credit / Credit Card Overdraft Buy Now Pay Later (BNPL) Short/Medium Personal... The post A Comprehensive Guide to Personal Loan appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

Let’s imagine your business is a rocket, ready for launch. But there is one tiny problem – you’re low on fuel i.e cash. You’ll need a booster pack to launch your rocket, which in this case, is nothing but a cash flow loan that just might propel you to the stars. But is it the... The post Is Cash Flow Lending Right for Your Business? An In-Depth Exploration appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

47,40,00,00,00,000! Counting the zeros? Let’s simplify it. INR 47.4 Lakh crore. That is the total value of loans in digital lending, estimated to be disbursed by 2026! A huge amount, right? As evidenced by this, the digital lending industry in India is on an uptrend and doesn’t seem to be ending soon. Countless financial products... The post Why Should Your Lending Business Get Api-Fied: A Comprehensive Guide To Understanding Lending APIs appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

As a digital lender, you may be interested to know that the global demand for digital lending platforms is predicted to increase at a CAGR of 17.6% by 2034. But it’s more than just lending platforms as now, the demands and preferences of customers are evolving. Thus, scaling up your services by implementing new technologies... The post Top Digital Lending Trends To Watch Out For In 2024 appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

Ever wondered how digital lenders and financial institutions make swift decisions on credit approvals? Or how they consistently update their lending policies to give you a good borrowing experience? Credit growth in India is expected to be at 14% in the fiscal year 2024-25, boosting confidence for lenders, but also compelling them to test new... The post Enhancing Credit Decision-making with Canary Deployments and Champion/Challenger Modules: An Ultimate Guide appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

A world where getting a business loan is as easy as ordering a pizza online?! Too good to be true? We live in the 21st century where everything working around us is digital. The internet is helping us rapidly reach places where even the roads don’t go. No doubt it has made our lives a... The post How GSTN on Account Aggregators are Making Business Lending Smarter and Faster? appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

Do you recall the days when you would have to submit a loan application and wait for days to get it approved? Sometimes even not having the required documents or knowing the process would have kept you from availing a loan. But now, thanks to digital lending apps, you do not have to face that... The post Review of the Best Online Digital Lending Apps and How to Successfully Build One appeared first on CloudBankin – A digital loan software by Habile Technologies ..read more

It’s no doubt that Digital Lending Apps have taken the financial world by storm. They have changed the very ecosystem of borrowing and stand out by offering unprecedented convenience and accessibility to users. But to every wonderful phenomenon, there will be a flip side. And digital lending is no exception. In FY 2023, banking fraud amounted to INR 300 million, of which 96% of the money is attributed to fraudsters receiving loans with the help of forged/ synthetic identities. And this is just one side of the coin. There are also multiple fraudulent loan apps in digital lending scamming comm ..read more

A family in need of an emergency fund to cover their medical expenses, a farmer requiring capital to purchase seeds for the season, a student hoping to pay for their education abroad, or an entrepreneur who thinks to expand his small business. What do they do to get that emergency fund? What do they all have in common? – Gold! For decades and centuries, in India gold has been more than just a symbol of status, it has also been a lifeline! According to a 2023 survey by the World Gold Council, Indian households have accumulated up to 25,000 tonnes of gold, thereby retaining the tag of the worl ..read more

“People will forget what you said, people will forget what you did, but people will never forget how you made them feel.”  With multiple Java developer opportunities in Chennai, it’s no wonder that you’re eager to dive into the vibrant tech space. But today’s dynamics of Java developers face a myriad of challenges from keeping up with the rapid pace of technological developments to exceeding the client’s expectations. Search terms like “Java developer jobs” and “Java developer fresher jobs” flood job portals, indicating a robust yet competitive market. But, what’s the reality? From lon ..read more