Mumbai, March 24 -- Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, has unveiled an industry-first AI-Powered Underwriting Solution collaboration with the Indian Institute of Technology Bombay (IIT Bombay).
This innovative solution integrates artificial intelligence with human intelligence to automate and streamline the credit evaluation process. It aims to accelerate credit decisions by ensuring efficient, accurate, scalable and risk-first approach. By analyzing multiple data points from loan applications, the solution empowers credit managers with faster decision-making capabilities while enhancing the company's risk management framework.
At launch, Arvind Kapil, Managing Director & CEO of Poonawalla Fincorp, s...