As an NBFC the biggest challenge is reconciliation of the installments received every month.

Automated programs have taken over the work of traders in the capital and money markets, Credit underwriters and several other areas, infact programs or software robots have taken over the activities in the fields once dominated by Humans.

The Year 2020 was an unprecedented year in terms of crisis in the world. The pandemic threw the entire world in a state of "suspended animation".

The dramatic meltdown of some of the leading financial institutions in the country in the last few years has been because of the steady decline in the quality of their corporate loan portfolio.

When it comes to selling a Financial Product it can be a lot more challenging than marketing a physical product, in most cases you are requesting the prospective customer to enter into a financial commitment for a few years.

Over the last decade or so, new payment systems have evolved like IMPS, NEFT and RTGS for a one time payment. For recurring payments we have the NACH which replaced the ECS (Electronic Clearing System).