It should come as no surprise that the Debt Collection Recovery Services in India is set for even more change in 2022. Third-party collectors will find it more challenging as a result of the most recent Reg F change, lenders' digital-first consumer engagement approach, and the strengthening economy. The problem is getting worse due to modifications in consumer behavior and the lifting of moratoria that were industry-specific.

Even in remote locations, digital debt collection in India increases productivity and trend rates, while lowering recovery costs and diminishing delinquencies.