Synergy between technology and business objectives is pivotal in fostering an inclusive credit ecosystem tailored to the unique needs of India's MSMEs
FinTech BizNews Service
Mumbai, May 11, 2024: On the occasion of National Technology Day 2024, NeoGrowth has shared its views on how technology is changing the face of lending and financial inclusion.
NeoGrowth believes in harnessing technology as a strategic tool to drive business goals and impact. Arun Nayyar, MD & CEO, NeoGrowth, points out “Our commitment lies in achieving sustainable and profitable growth by seamlessly integrating technology into every facet of our operations. From enhancing risk management and operational efficiency to delivering unparalleled customer experiences, we leverage digital innovation at every step. We have a well-integrated digital infrastructure; encompassing the India Stack, Aadhaar authentication, GST, digital payment ecosystem and Account Aggregator Framework we ensure a seamless and simplified process for our customers.”
Arun further elaborates: “Our operational capabilities driven by tech and data enables us to process nearly 90% of loans within a mere 3 days, demonstrating our unwavering commitment to speed and efficiency. This synergy between technology and business objectives is pivotal in fostering an inclusive credit ecosystem tailored to the unique needs of India's MSMEs”
