A Self-regulatory Body Develops a First-of-its-kind Secondary Loan Marketplace for Corporate Loans in India

Overview

The customer is a self-regulatory body backed by the top ten public, private, and international banks in India. The organization spearheads the development of a first-of-its-kind secondary loan marketplace for corporate loans as per the recommendations of the Reserve Bank of India’s task force and is responsible for issuing rules and guidelines for the secondary loan market.

The absence of a unified platform and standardized documentation procedures, and a plethora of legal complexities were slowing down the organization’s efforts. To achieve its objectives and address the challenges, the customer joined hands with Newgen and implemented Newgen’s Intelligent Process Automation (BPM) and Enterprise Document Management System.

Tangible benefits our customer experienced post-implementation:

• Extensive Platform Adoption
• Ability to Scale
• Mitigated Compliance Risks
• Simplified Trade Process
• Improved Decision-making

Read the complete case study to learn how the customer transformed its operations and document management to drive efficiency and growth in the secondary loan market.