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Zero NPA through Technology: A Dream or a Possible Reality for India’s Lending Ecosystem?

By Vikas Singh   Non-Performing Assets (NPAs) have long been a thorn in the side of India's banking and lending industry. These are loans that have stopped generating income for lenders because the borrowers have failed to meet their repayment obligations.   High levels of NPAs can destabilise financial institutions, dissuade foreign investment, and impede economic growth. However, with the rapid advancement of technology and innovative financial solutions, the dream of achieving zero NPAs in India’s lending ecosystem is becoming more plausible than ever before.   The Current NPA Landscape...
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