Posts Author: Seema Gola

Comprehensive Machine Learning Applications for Banks and NBFC’s with Use Cases!

Posted By Seema Gola on 3/March/20 in Banking

Artificial Intelligence (AI) spend in the banking and finance industry in the United States has increased at 82.9% during 2018 to reach US$ 696.3 million. Over the forecast period (2019-2025), spend on AI is expected to record a CAGR of 28.4%, increasing from US$ 1,094.9 million in 2019 to reach US$ 6,289.1 million by 2025 […]

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P2P Lending, RBI’s take and Our Take. Propelling the economy?

Posted By Seema Gola on 11/November/19 in Artificial Intelligence

What does RBI think?​ The RBI devised a regulatory framework for all Peer to Peer lending companies, which is categorized as NBFC-P2Ps, conditioned the minimum NOF (Net Owned Fund), set down various regulatory and prudential requirements within this framework. Finally, the P2P lending platform is recognized as an NBFC- P2P industry with better credentials and respect in the mind of […]

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