Lentra Digital Lending Transformation Global Summit

CREDIT HAS ALWAYS BEEN A GREAT ENABLER IN HELPING PEOPLE REALIZE THEIR DREAMS AND ASPIRATIONS. IT NOT ONLY HELPS IN SOCIO-ECONOMIC EMPOWERMENT BUT ALSO LEADS TO AN INCLUSIVE GROWTH OF THE ECONOMY.

While for years, banks and financial institutions have played a very important role in meeting the credit needs of the economy, there still exists a huge demand-supply gap for credit in our country. With the emergence of fintech companies and e-commerce players, the story is gradually transforming. Many emerging innovations these days leverage algorithm and cloud computing power to automate activities that were once highly manual, thereby allowing to offer cheaper, faster and more scalable alternative financial products and services.

At the same time, the Government of India and the regulators have also been unanimously pushing for improved digital financial infrastructure thereby providing a strong impetus to digital lending.