Fintechs & Financial Inclusion

India is a land of contrasts. From having one of the most sophisticated and advanced payment infrastructure and systems and 14.1 bank branches for every 1,00,000 adults, which is higher than the global average, to 19% of the population still unbanked. Though this unbanked population witnessed a sharp fall of around 58% between 2011 and…

How Fintech Startups are controlling NPAs?

NPAs for the lending industry are like the dark lord, Voldemort – one who must not be named.  Made uglier by the recent multi crore defaults in the main line banks that have been much in the news recently.  According to the CARE Rating Report of December 2017, India’s NPA ratio is fifth highest in…