The Finance Buster

Risk calibration refers to the process of measuring, adjusting, and managing the level of credit risk an institution is willing to take while issuing loans. It’s a critical component in lending that ensures a healthy balance between business growth and loan security. By accurately identifying the risk profile of a borrower, lenders can make informed decisions about loan approval, interest rates, loan size, and repayment terms. The term might sound complex, but in essence, it’s about matching the right loan to the right borrower, at the right terms—based on data, behavior, and other predictive factors. With the rise of digital lending, risk calibration has moved beyond traditional paperwork and scoring models. Today, it involves advanced analytics, real-time data, and digital infrastructure to make faster and more accurate lending decisions. Why Risk Calibration Matters in Lending Without proper risk calibration, lenders either take on too much risk or lose out on good customers by b...

Spiritual healing is the process of using spiritual practices to heal emotional, mental, and even physical wounds. It involves connecting with your higher self or a higher power to restore balance and find peace. Unlike traditional forms of medicine, spiritual healing focuses on the holistic well-being of the person, addressing the mind, body, and spirit simultaneously. Spiritual healing can take various forms, including prayer, meditation, energy healing, or deep self-reflection. The core idea behind it is that by aligning with your true self or a divine force, you can overcome emotional blocks, release negative energy, and experience inner peace. While spiritual healing is often tied to religious or spiritual beliefs, it is not confined to any one belief system. The practice can be adapted to fit anyone’s personal spiritual path, whether they follow a particular faith, a personal philosophy, or simply seek connection with the universe. The Power of Connection with Your Higher Self Yo...

The rapid digitization of financial services has brought about a transformation in the way businesses, especially micro, small, and medium enterprises (MSMEs), access credit. One of the key innovations facilitating this change is the digital assessment model, which enables lenders to evaluate the creditworthiness of borrowers in a more accurate and efficient manner. This article explores the digital assessment model, how it is being used across Non-Banking Financial Companies (NBFCs), and highlights Poonawalla Fincorp’s pioneering efforts in implementing this technology to serve MSMEs. Also Read: The Role of Risk Calibration in Financing: A Game Changer for MSMEs What is the Digital Assessment Model? The digital assessment model is an innovative framework that uses data analytics, machine learning, and automation to evaluate the financial health of borrowers. Unlike traditional lending methods that rely on manual paperwork and physical verification, digital assessment models gather rea...

We often hear about eating right and exercising as essentials for a healthy life. But sleep? It’s usually overlooked. In reality, sleep is the foundation of both mental and physical health. While we sleep, our body repairs itself, our brain organizes information, and our energy gets restored. Without good sleep, nothing else functions properly. The Effects of Poor Sleep on Daily Life Have you ever tried concentrating after a night of broken sleep? Or found yourself snapping at people for no real reason? That’s your brain waving a red flag. Sleep deprivation affects mood, memory, focus, and even decision-making. It can make the simplest tasks feel overwhelming. Over time, lack of quality sleep also raises the risk of serious health problems like heart disease, diabetes, and obesity. Your Brain Needs Sleep to Learn and Grow Sleep isn't just about physical rest. When you're asleep, your brain is incredibly active. It processes everything you’ve learned during the day, organizes me...