![]() However, manually parsing through papers and bank statements is tiresome and inaccurate, especially when evaluating the financial health of multiple candidates. However, the process of determining the creditworthiness of an individual and the efforts to reduce the number of NPAs is to analyze an individual’s bank statement thoroughly. Great customer service includes quick resolution of queries, easy approval on loan applications, more minor follow-ups, and faster distribution based on specific criteria. By creating a satisfactory customer experience, banks can ensure long-term relationships with their customer. What banks need to do is to create the simplest way possible for lending and to save their customers from unnecessary hassles. One thing is for sure, there is no way this trend will stop. Auto loans and credit card receivables were two other divisions with credit values above one trillion rupees. The biggest slice of the cake went into the home loans segment with over 15 trillion rupees. According to Statistica in 2021, Indian banks deployed nearly 30 trillion rupees to the retail sector? It was almost 12% higher than the previous year.
0 Comments
Leave a Reply. |