Lending Risk Management
Financial services in India have become more advanced with the advent of digital technologies. Financial institutions are set up with a core purpose of arrangement of finances and lending activities to companies and individuals. However, with the increase in lending, there has to be a proper system of credit lending management to ensure that lending practices which are followed by various institutions are followed. Lending risk management is a form of credit risk management process whereby the financial institution is given risk management training. The institution is given specific parameters where the credit rating of the individual/company is good, and then only lending is allowed.
Lending risk management services ensure that is stable lending practices that are followed by a financial institution. In the wake of various loan defaulters and non-performing assets, it is crucial to establish and have a system of proper lending risk management. Lending risk management has the following:
- Analysing the institutions lending pattern
- Categorising the risk factors in the institution
- Having elements which identify genuine customers and defaulters when it comes to payment of loans
- Credit rating
- Portfolio of customers based on the credit rating strategies
- The behavioural pattern of borrowers based on previous credit scores
Why use Fintechasia Lending Risk Management Services:
- Our service would provide you with a comprehensive view of the credit status of a particular individual/ company
- It would give you an informed decision whether lending is appropriate
- Using our lending risk management services would save you a lot of time and expense as you would not need to consult external lending risk management experts regarding this process
- It will help you prioritise the main goals of your business and concentrate on the further development
- It will reduce the number of aggressive lending practices
- Our service will have an MIS portal to handle the portfolio of various borrowers and their credit score
- By using our services, you would receive training in the lending risk management services to be followed
- Your organisation would also receive updates on Dos and Don'ts of Lending Policies.
Service Process in Brief
Fintechasia Lending, Risk Management Service, can be availed in the following way:
- Under Fintechasia webpage, go to Fintechasia Lending Risk Management tab where you would get an option to consider our service
- Provide us with your information
- One of our professionals with get back to you based on the information provided
- Once our service has been finalised, you would get training in lending risk management services
- You would also receive updates on other practices related to lending
Benefits of taking Lending Risk Management Services
By taking this service, Fintechasia will help you handle all the legal and regulatory issues daily. As an NBFC business, the priorities would be in the activities related to public benefit. Fintechasia will handle all your legal and regulatory problems, and as an NBFC, you can manage microfinance based activities. In future, if there are any legal issues, your NBFC would not have to consult any other corporate law firm which would be a costly affair.
- Stress-free advice for handling your risk
- Business Planning
- Strategy Handling
- Your business can concentrate on growth which is one of the main aspirations
- Mitigating risks to achieve optimum efficiency
- Saves time and expense
- Expert advice on risk and assurance
- Helps you in understanding the credit aspects of your customers
- Credit rating
- Behavioural analysis of customers based on their past credit lending scores
Growth Opportunities
- Your business can concentrate on the primary goals of development
- Stress-free service
- Your business can avoid lending to defaulters in the future
- Your business can take our assistance of various IT analytics to understand the purview of behavioural trends of borrowers
- As a business of lending an informed decision can be made on lending practices in the future
- Lending risks can be handled and categorised based on the portfolio
Frequently Asked Questions
- • Using this service would help companies analyse the loan lending strategies
- • It will help companies take decisions whether or not to provide loans
