Parry Singh, Founder & CEO, Red Fort Capital

As the world continues to evolve, so too does the financial services industry. Non-banking financial companies (NBFCs) have been essential in addressing the financial requirements of people and businesses that banks have historically underserved.

Traditional business models have been disrupted by technology, prompting businesses to change in order to survive. The digital revolution has brought a paradigm shift in the way NBFCs and MSMEs operate. The traditional brick-and-mortar model has been replaced by digital platforms that offer innovative solutions and faster turnaround times.