The market is projected to grow by 12-14% annually, reaching ₹23,200 crore by 2027, reports The Economic Times.
With the rise of AI, companies are looking for problem solvers and not just paper credentials, reports The Economic Times.
Experts predict a future slowdown, with long-term growth expected to moderate to nearly 5% annually, reports Business Standard.
Meanwhile, platforms like CreditNirvana – recently acquired by Perfios – are helping banks and NBFCs streamline recovery, amnd lower delinquencies, reports The Economic Times.
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