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4 AI-Powered Bank Statement Analyzers for MSME Lending

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...

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Nxcar Leads Auto Fintech Innovation as the First Company to Introduce Loans for Peer-to-Peer Used Car Transactions

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,...

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Liferay and InfoAxon Join Forces to Drive Digital Transformation for Reliance General Insurance (RGI)

Liferay and InfoAxon Join Forces to Drive Digital Transformation for Reliance General Insurance (RGI)

Liferay and InfoAxon are thrilled to announce their strategic partnership aimed at driving digital transformation for Reliance General Insurance (RGI). Together, we are set to revolutionize RGI’s digital landscape and deliver innovative digital journeys to its prospects and customers. In collaboration with RGI, Liferay DXP, a leading Digital Experience Platform, and InfoAxon, a Digital Transformation...

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NKGSB Co-operative Bank to have a new Corporate Building at MIDC Andheri ( E )

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...

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Good Moneying Unveils New Initiatives to Empower Financial Wellness

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...

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SMC Group strengthens product and engineering verticals; appoints Abhishek Chawla as Group Chief Product and Technology Officer

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...

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How Can A Home Loan Calculator Make It Simple To Plan For A Home Loan?

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...

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Announcement of Abhi Loans securing $4.5 million in funding

Announcement of Abhi Loans securing $4.5 million in funding

NBFC poised to help retail customers to get loans against mutual funds and shares within 24 hours. Karnataka, India – Abhi Loans, a digital lender affording loans on mutual funds and shares across India, has today announced that it has raised $4.5 million in funding for its operations. The funding will be used by the...