🛠️Tools
Revolutionizing debt collection in business firms has been brought down into new horizons by various AI tools that make it easier for business firms to lift overdue accounts. They show forthcoming behaviors in payment by machine learning with automated reminders while customizing lines for respective clients, resulting to be lower
The Delhi Debt Recovery Tribunal (DRT) has been contacted by the Indian Renewable Energy Development Agency (IREDA) to recover around INR 729 Cr from Gensol Engineering after the agency filed an insolvency plea against the company. The company filed an original application under Section 19 of The Recovery of Debts
✍️ Opinions
This article has been contributed by Siddharth Agarwal, Founder and Managing Director, Mobicule Technologies Pvt Ltd. The recovery of loans is frequently the top priority for lenders in the field of lending because the risk of defaulting is constant. Lenders are increasingly using technology-driven solutions to help in the recovery