Digital transformation for financial institutions- Opportunity and impact
Digital transformation offers financial institutions better efficiency, more customers, and greater profits. It can also provide an edge to the post-COVID recovery of organizations. Here’s how Equity bank transformed itself and increased profitability in the face of various adversities.
Survival, recovery, and building resilience: Transformation of financial institutions in the times of COVID-19 – Part 1
The COVID 19 global pandemic has affected the lives, health, and livelihoods of entrepreneurs, and they have been struggling to repay loans from financial institutions. This blog highlights recommendation from MSC for financial institutions to survive in the wake of COVID-19.
Why do financial institutions shy away from financing farmers in India?
This blog, the first in a three-part series, highlights the skewed penetration of formal financing for farmers in India. It also examines the challenges that financial institutions face while offering credit to small and marginal farmers in the country.
This video focuses on why it is important for financial institutions to digitize savings groups, challenges that savings groups experience as they go through this transformational journey as well as the benefits that these organizations stand to gain by moving away from manual operations toward more digitized solutions. Watch and learn.
This video describes what digital transformation is and gives us steps on how financial institutions should go about implementing it. It touches on digitising processes, products and business models, channels as well as engagement and user experience.