Even at these levels, the household debt as a percentage of GDP is still far less compared to the majority of the developed countries and thus has the potential to grow exponentially as the country emerges to be a global power by 2050.

A 2021 remake of Get Shorty might not have much use for John Travolta’s Miami mobster character. The debt collector role could go to a bot.

The farmers tend to forget their EMI dates due to some reason or other, and their knowledge about digital payment is helping solve that problem. Spocto has a vernacular chatbot, which is available for interaction in 26 languages and multiple dialects thus increasing inclusivity.

spocto, a Mumbai-based data analytics firm, is helping nearly 4 lakh farmers in India to repay their loans every month digitally and reduce the delay in recovery for banks.

The scale of operations got a substantial boost during last year’s lockdown as lenders and financial institutions found it difficult to execute field recovery

By training the algorithms to mine the data, the big data analytics can now predict which customers will most likely resume paying after missing a couple of installments, and who will probably default.

A 2021 remake of Get Shorty might not have much use for John Travolta’s Miami mobster character. The debt collector role could go to a bot.

Artificial intelligence is proving a better way. A 2021 remake of Get Shorty might not have much use for John Travolta’s Miami mobster character.

Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises to enhance their financial caliber and achieve business expansion.

On the 2nd of every month, Shyam Singh, a farmer in Uttar Pradesh’s Barabanki district, would travel to his bank branch and withdraw money to pay his loan installment.

A Big Data Analytics Company focused on ‘Individual Consumer’ Data driven Insights’ on mass scale to significantly enhance effectiveness of business and marketing actions.

There are times when individuals may have several loans to pay off. In such cases, it is always advisable to follow a calculated approach to pay off the debt.

Festivals are not only meant for celebration but also for shopping experiences. It is this time when brands also offer huge discounts on products, making it one of the best times for shoppers to make purchases.

Puja Srivastava, Co-Founder & CTO, spocto, is hopeful to get one session of hair spa and pedicure before bidding adieu to 2020. The tech boss revealed that her fitness secret lies in the balance between a glass of wine and intermittent fasting, coupled with yoga and meditation.

In order to overcome any kind of financial crunch, people can apply for a top-up loan on the existing home/auto/personal loan or can take a new personal loan. While these loans are easily available, borrowers should select the appropriate loans as per the needs.

Companies across Asia that were primarily a transaction-driven hub, are now redefining the way business is conducted and dealt with

The internet has knocked on the door of every sector by now. It is a proven fact that the right technology introduced at the right time improves efficiency and creates a better experience for all stakeholders.

In view of the coronavirus pandemic, Spocto, the big data analytics company, has decided to make 50 per cent of its staff work permanently from home.

The three-month-long lockdown in India, starting from March, triggered by the ongoing COVID19 pandemic has adversely impacted the small businesses in the country.

Zero revenue generation has forced them to shut down.
59% of consumers witnessed a complete loss of income due to COVID-19.
The study is based on insights from 1,800 account holders across Indian cities.

78 percent of Indian MSMEs had to pull their shutters down due to the lockdown imposed to Curb the spread of Covid-19, said research titled “The Ground Truth – Voice of Indian Borrowers” by spocto.

spocto conducted study on Loan Moratorium for lending organizations, titled “The Ground Truth – Voice of Indian Borrowers”,
Study reveals support customers need, its current awareness and understanding of Moratorium & its impact on their payment amount

As the coronavirus pandemic unleashes a devastating impact on businesses, institutions and society, Spocto, one of India’s leading big data analytics-based banking and financial services company, has initiated a comprehensive well detailed study entitled ‘The Ground Truth – Voice of Indian borrowers’.

“ದಿ ಗ್ರೌಂಡ್‌ ಟ್ರುತ್-ವಾಯ್ಸ್‌ ಆಫ್‌ ಇಂಡಿಯನ್‌ ಬಾರೋವರ್ಸ್”‌ ಶೀರ್ಶಿಕೆ ಅಡಿಯಲ್ಲಿ ಸಮೀಕ್ಷೆ ನಡೆಸಿದ ಸ್ಪೊಕ್ಟೊ ಸಂಸ್ಥೆ

मुंबई |१ जुलै २०२०: कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% लघु, सूक्ष्म उद्योगांना (एमएसएमईंना) आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

78% Indian MSMEs shut down during Covid-19 Pandemic; reveals study by Spocto

पीएम के इस कदम से निश्चित तौर पर एक बहुत बड़ा संदेश गया है सेना में भी और चीन को भी।।कुछ ना कुछ तो पक रहा है
लगता है भारत सरकार ने और सेना ने मूड बना लिया है,
अमरीका इजरायल रुस तीनो जगहों से धडाधड मिसाईल ,एयर डिफेंस सिस्टम, गोलाबारूद, हेलीकॉप्टर फिर से मंगाए जा रहे हैं एडवांस मे, वो लगातार आने शुरू हैं डिलेवर हो रहे हैं पिछले 15 दिनों से, भारत चीन सीमा पर यकायक अप्रत्याशित रुप से बडी संख्या मे सेना तैनात कर दी गयी है।

Today Express News / Report / Ajay Verma / 30 जून 2020: कोरोनावायरस महामारी ने कारोबारों, संस्थानों और समाज पर विनाशकारी प्रभाव डाला है और भारत के प्रमुख बड़े डेटा एनालिटिक्स-बेस्ड बैंकिंग और वित्तीय सेवा कंपनी में से एक स्पोक्टो ने ‘द ग्राउंड ट्रूथ- वॉयस ऑफ इंडियन बॉरोअर्स’ ‘ नाम से व्यापक अध्ययन पेश किया है।

ग्लोबल हरियाणा न्यूज़ / नई दिल्‍ली / हरजिन्दर शर्मा /29 जून , 2020 : कोरोनावायरस महामारी ने कारोबारों, संस्थानों और समाज पर विनाशकारी प्रभाव डाला है

दिल्ली और मुंबई ठीक होने की राह पर, दूसरे शहरों में तेजी से बढ़ रहे हैं मामले: डॉ. के.के,अग्रवाल...

स्पोक्टो ने लोन मॉरेटोरियम के मुद्दे पर कर्ज देने वाले संगठनों का अध्ययन किया, शीर्षक रखा– “द ग्राउंड ट्रूथ – वॉयस ऑफ इंडियन बॉरोअर्स”

मुंबई। कोरोनावायरस महामारी ने कारोबारों, संस्थानों और समाज पर विनाशकारी प्रभाव डाला है और भारत के प्रमुख बड़े डेटा एनालिटिक्स-बेस्ड बैंकिंग और वित्तीय सेवा कंपनी में से एक स्पोक्टो ने 'द ग्राउंड ट्रूथ- वॉयस ऑफ इंडियन बॉरोअर्स' ' नाम से व्यापक अध्ययन पेश किया है।

“ದಿ ಗ್ರೌಂಡ್‌ ಟ್ರುತ್-ವಾಯ್ಸ್‌ ಆಫ್‌ ಇಂಡಿಯನ್‌ ಬಾರೋವರ್ಸ್”‌ ಶೀರ್ಶಿಕೆ ಅಡಿಯಲ್ಲಿ ಸಮೀಕ್ಷೆ ನಡೆಸಿದ ಸ್ಪೊಕ್ಟೊ ಸಂಸ್ಥೆ

Spocto conducted study on Loan Moratorium for lending organizations, titled “The Ground Truth – Voice of Indian Borrowers”,

दैनंदिन गरजा भागविण्याकरिता वैयक्तिक कर्ज घेण्याकडे ग्राहकांचा कल
मुंबई, 30 जून : कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% एमएसएमईंना आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

​​मुंबई :
कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% एमएसएमईंना आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

कोव्हिड-१९ साथीच्या काळात ७८% भारतीय एमएसएमई बंद : स्पोक्टो

मुंबई, ३० जून २०२०: कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% एमएसएमईंना आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

मुंबई। कोरोना वायरस महामारी ने कारोबारों, संस्थानों और समाज पर विनाशकारी प्रभाव डाला है। इस बीच राजस्व न मिलने की वजह से और जीरो रेवेन्यू जनरेशन के कारण 78% एमएसएमई को ऑपरेशंस बंद करना पड़ा हैं।

मुंबई – कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% लघु, सूक्ष्म उद्योगांना (एमएसएमईंना) आपले कामकाज बंद करावे लागल्याचे भारतातील डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

देशातील ७८% लघु, सूक्ष्म उद्योगांना (एमएसएमईंना) आपलं काम बंद करावं लागल्याचं भारतातील डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून पुढं आलं आहे.

कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% लघु, सूक्ष्म उद्योगांना (एमएसएमई) आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

मुंबई : कोरोना विषाणूच्या साथीचा देशभरातील उद्योग, संस्था आणि समाज यावर गंभीर परिणाम झालेला आहे. दरम्यान वित्तीय उदासीनता, शून्य महसूल निर्मिती यामुळे ७८% लघु, सूक्ष्म उद्योगांना (एमएसएमईंना) आपले कामकाज बंद करावे लागल्याचे भारतातील आघाडीची मोठी डेटा विश्लेषक-आधारित बँकिंग आणि वित्तीय सेवा कंपनी स्पोक्टोने केलेल्या अभ्यासातून निदर्शनास आले आहे.

spocto conducted study on Loan Moratorium for lending organizations, titled "The Ground Truth - Voice of Indian Borrowers”,

Most often than not, banks, non-banking financial companies (NBFCs), and other financial institutions deal with collections in a very traditional way.

Sumeet Shrivastava, Founder and CEO, spocto has been reading during the lockdown. He is currently reading, ‘How India lost her freedom ’ by Pandit Sunderlal which was first published in 1929.

Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here).

As more and more offices open up around the world and in India too with Unlock 1.0 rules in effect, the lockdown may well be a thing of the past in many parts of the country. But that doesn’t mean all companies are opening offices.

The COVID-19 pandemic has severely affected organizations, communities, and institutes all over the globe. While big businesses have been forced to dip into their contingency funds, in the case of start-ups, even that option isn’t available.

As coronavirus lockdown severely impacts businesses, the industry is hoping for an extension of the moratorium on payment of term loan instalments for another three months until August 31. The Reserve Bank of India (RBI)-issued moratorium facility is going to end on May 31.

The lending market faces a bleak future and digital lending startups are preparing for a major overhaul in their credit models and risk analysis.

Sumeet has over 21+ years of experience in several world geographies and multiple business segments. In his last senior leadership role as the CIO Asia for a Fortune 100 agriculture conglomerate, Sumeet was responsible for driving the company’s global IT vision across Asia.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a moratorium on March 27.

spocto, a data analytics-based banking and financial services company, has decided to educate and inform India’s retail consumers on the RBI moratorium.

“The Finance Minister’s declaration today arrived as a much-needed respite for aching souls, the proverbial silver lining in cloudy skies. The eagerly anticipated decision to proffer a 20 Lakh Crore bail-out package to the poor laborers, the SME’s, MSME’s and other ailing sectors is a visionary move on the central government’s part.

With nearly two decades of varied experience in strategic roles and leading IT projects in several world geographies, Sumeet, in his last senior leadership role as the CIO Asia for a Fortune 100 agriculture conglomerate, was responsible for driving the company’s global IT vision across Asia.

Observing the need gap, two start-ups LazyPay and spocto have launched products that will help you figure if you require the moratorium or not

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

Deploys a conversational chatbot to lead customers through their journey and impact of availing RBI’s Moratorium

मुंबई : आरबीआयच्या मोरॅटोरिअमवर भारतातील रिटेल ग्राहकांना प्रशिक्षण व माहिती देण्याकरिता स्पोक्टो या आघाडीच्या डेटा अॅनालिटिक्सवर आधारीत बँकिंग आणि वित्तीय सेवा देणा-या कंपनीने पुढाकार घेतला आहे. बीटूसी प्लॅटफॉर्म-क्रेडिट मॉनिटरचा लाभ घेत स्पोक्टो ग्राहकांना मोरॅटोरिअम स्वीकारण्यातील गुंतागुंत आणि त्याचा परिणाम समजून घेण्यास मदत करत आहेत. याद्वारे त्यांना माहितीवर आधारीत निर्णय घेता येईल.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a moratorium on March 27.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

Mumbai, April 27, 2020: While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much welcomed Moratorium on March 27th.

Mumbai : While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

Deploys a conversational chatbot to lead customers through their journey and impact of availing RBI’s Moratorium While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much welcomed Moratorium on March 27th.

MUMBAI: While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much-welcomed Moratorium on March 27th.

Mumbai, April 27, 2020: While the country is under an extended lockdown to stay protected from COVID-19, the impact on the economy as well as individual finances has become apparent. To reduce the financial burden on individuals, RBI announced a much welcomed Moratorium on March 27th.

मुंबई - डेटा एनालिटिक्स-बेस्ड बैंकिंग और फाइनेंशियल सर्विसेस कंपनी स्पोक्टो ने आरबीआई मोरेटोरियम पर भारत के रिटेल उपभोक्ताओं को शिक्षित और जानकारी देने का बीड़ा उठाया है.

‘आरबीआय मोरॅटोरिअम’विषयी ग्राहकांना शिक्षित करण्यासाठी 'स्पोक्टो'चा पुढाकार
मुंबई आरबीआयच्या मोरॅटोरिअमवर भारतातील रिटेल ग्राहकांना प्रशिक्षण व माहिती देण्याकरिता स्पोक्टो या आघाडीच्या डेटा अॅनालिटिक्सवर आधारीत बँकिंग आणि वित्तीय सेवा देणा-या कंपनीने पुढाकार घेतला आहे. बीटूसी प्लॅटफॉर्म-क्रेडिट मॉनिटरचा लाभ घेत स्पोक्टो ग्राहकांना मोरॅटोरिअम स्वीकारण्यातील गुंतागुंत आणि त्याचा परिणाम समजून घेण्यास मदत करत आहेत. याद्वारे त्यांना माहितीवर आधारीत निर्णय घेता येईल.

ಬೆಂಗಳೂರು: ಬ್ಯಾಂಕಿಂಗ್ ಮತ್ತು ಆರ್ಥಿಕ ಸೇವೆ ಒದಗಿಸುವ ಸಂಸ್ಥೆಯಾದ ಸ್ಪೊಕ್ಟೊ ತನ್ನ ವೇದಿಕೆ ಮೂಲಕ ಆರ್ಬಿಐ (RBI) ಮೊರಾಟೋರಿಯಂ ಬಗ್ಗೆ ಗ್ರಾಹಕರಿಗೆ ಶಿಕ್ಷಣವನ್ನು ಒದಗಿಸಲು ಮುಂದಾಗಿದೆ. ಇದರಿಂದ ಗ್ರಾಹಕರಿಗೆ ಮೊರಟೋರಿಯಂ ಬಗ್ಗೆ ಸಂಪೂರ್ಣ ಜ್ಞಾನ ದೊರಕಿ ಸಾಲದ ಬಗ್ಗೆ ಸೂಕ್ತ ನಿರ್ಧಾರ ತೆಗೆದುಕೊಳ್ಳಲು ಸಹಾಯವಾಗುವುದು.

spocto, a big data analytics company that uses machine learning to help solve problems for the banking and financial services industry.