Author: admin
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The Significance of Recovery Management Solutions in Current Times
In the modern fast-paced and globalized world, companies and individuals are now more dependent on technology to hold and save their valuable data. This dependency, however, poses risks to data loss owing to several causes like hardware malfunction, cyber-attacks, natural causes, and human mistakes. It is here that the role of recovery management solutions becomes…
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According to the RBI report, the Indian household debt is rising, but it is relatively low in comparison with other emerging markets
The Growing Story of Indian Household Debt: A Closer Look The Reserve Bank of India (RBI) has highlighted that while household debt in India has been on the rise over the past three years, it remains relatively low compared to other emerging market economies (EMEs The Big Picture Indian families are borrowing more money than…
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AI Revolution: How Artificial Intelligence is Transforming Debt Collection
AI Revolution: How Artificial Intelligence is Transforming Debt Collection In the rapidly evolving world of financial technology, one area is experiencing a quiet but profound transformation: debt collection. Gone are the days of impersonal, one size fits all collection strategies. Welcome to the era of AI-powered debt recovery, a game-changing approach that’s reshaping how businesses…
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Paytm Postpaid to move its loan book to Clix
09 April 2019 BENGALURU: Paytm Postpaid , the online credit business of the digital payments major Paytm, is transferring its loan book to Gurgaon-based non-banking finance company Clix Capital , in what could possibly be a fallout of regulatory scrutiny, people familiar with the development said. While there is no exact clarity on whose financial…
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Extradition law: Hong Kong tycoons start moving assets offshore
09 April 2019 Extradition law: Hong Kong tycoons start moving assets offshore Hong Kong: Some Hong Kong tycoons have started moving personal wealth offshore as concern deepens over a local government plan to allow extraditions of suspects to face trial in China for the first time, according to financial advisers, bankers and lawyers familiar with…
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