Tag: Guide

When we think of money, most of us picture currency notes printed by the Reserve Bank of India. But in reality, those colorful notes are just the tip of the iceberg. The truth? Most of the money in the Indian economy is created by commercial banks — not the RBI.Let’s unpack how this works. 1.…

In the world of debt collections, success hinges on efficiency and effectiveness. While chasing down overdue payments might seem straightforward, achieving optimal results requires a data-driven approach. Measuring the right metrics fosters transparency, collaboration, and ultimately, improved Collections performance. This article delves into five key metrics that empower collections teams to collaborate effectively with lending…

Imagine you lend your friend some money, let’s say ₹500, for an important expense. They promise to pay you back in a month. But a month passes, then two, and your friend still hasn’t returned the money. You start to get worried. What do you do? This is where debt collection or debt recovery comes…