Events

The low level of financial inclusion is a barrier to socio-economic development in developing countries. Financial inclusion can be better achieved with digital technology. Digital technology improves the accessibility and affordability of financial services for the previously unbanked or underbanked individuals and MSMEs.With the Government of India (GoI) and regulators pushing for improved digital financial infrastructure, digital lending has provided a strong impetus to financial inclusion, especially helping borrowers who are otherwise unlikely to benefit from formal sources of finance. New lending platforms are transforming credit evaluation and loan origination, as well as opening consumer lending to non-traditional sources of ...