Reimagining the Future of Lending

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am a professionally qualified company secretary and have over 20 years of working experience in BFSI in various roles - policy, risk, underwriting, product development, and portfolio management.

Q2. Which lending products do you believe are entering their strongest growth phase, and what factors are driving that momentum?

India, as a country, is well-placed compared with other developing economies worldwide. There is significant potential for deeper penetration of secured and unsecured loans in the market.

Q3. How is the unsecured lending market evolving as lenders gain access to richer data and more sophisticated underwriting tools?

Technological advancements and the availability of alternative data have made processing faster and simpler, enabling the handling of larger numbers of loan applications with speed and accuracy. This has enabled companies to reduce time and costs for scaling the business, as well as to handle market dynamics more flexibly.

Q4. How are market dynamics changing within LAP and affordable LAP segments, and what opportunities are emerging for lenders?

India has a well-diversified geography, and there is ample opportunity to establish a credit…