Search For "underwriting"
Aye Finance pilots Generative AI model for image-based underwriting of tra
Updated : 1 week, 3 days ago IST
New Delhi [India], March 4: Aye Finance, India's leading provider of business loans to the underserved micro-scale MSMEs, has completed a pilot that uses the predictive capability of Gen AI technology, which will enhance its formal credit to the trading businesses in tier 2 and beyond cities
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Pennant Technologies Recognised as a Representative Vendor in the 2025 Gar
Updated : 1 week, 5 days ago IST
Hyderabad (Telangana) [India], March 2: Pennant Technologies, an agile and innovative financial technology company, today announced that it has been recognised as a Representative Vendor in the 2025 Gartner® Market Guide for Commercial Loan Origination Solutions. This marks the third consecu
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Arya's Cred AI Advances Credit Underwriting Toward Context-Driven Intellig
Updated : 2 weeks, 3 days ago IST
Mumbai (Maharashtra) [India] / New York [US], February 25: Underwriting teams have already automated much of the operational grunt work. This progress, though, has largely come from rule-based systems handling repetitive tasks. Underwriters still spend most of their time understanding transa
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VideoCX.io launches India's first AI-powered Video PD to strengthen credit
Updated : 2 weeks, 4 days ago IST
New Delhi [India], February 24: VideoCX.io, India's leading Video KYC and Video Banking platforms and a pioneer of Personal Discussion on Video (Video PD) since 2018, today announced the launch of its AI-powered Video PD module, further strengthening the credit underwriting process across In
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Axis Max Life Extends Term Plan to Students; Expands Early-Age Protection
Updated : 1 month, 3 weeks ago IST
New Delhi [India], January 20: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/ "Company"), has extended its Smart Term Plan Plus (UIN: 104N127V04), to students. This Term Plan enables young adults pursuing higher education to secure a l
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Public sector banks sanction over Rs 52,300 crore in MSME loans via new as
Updated : 1 month, 3 weeks ago IST
Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newl
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Rapid digitalisation of banks reshaping financial risks, requires supervis
Updated : 2 months ago IST
Speaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditional indicators such as capital adequacy and liquidity are no longer sufficient to assess the health of banks in a technology-driven environment.
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Risk-averse growth takes centre stage across India's BFSI sector: Report
Updated : 2 months, 2 weeks ago IST
India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking's 3rd Annual BFSI Confere
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Policy reforms, digital surge power India's insurance sector in 2025: Lead
Updated : 2 months, 2 weeks ago IST
In 2025, India's insurance sector saw major shifts with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 enabling 100% FDI, fostering competition, alongside tech booms in Artificial Intelligence/Machine Learning (AI/ML) for underwriting & claims, a surge in digital policy
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RBI announces Rs 30,000 crore G-Sec underwriting auction, releases OMO pur
Updated : 2 months, 3 weeks ago IST
According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for Friday. The securities on offer include Rs 18,000 crore of 6.01 per cent Government Security maturing in 2030 and Rs 12,000 crore of 7.09 per cent G
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RBI announces OMO purchase auction results; to hold underwriting auction f
Updated : 3 months ago IST
The Reserve Bank of India on Thursday released the results of its Open Market Operation (OMO) purchase auction of Government of India securities, aggregating to a notified amount of Rs 50,000 crore, and also announced plans to conduct an underwriting auction for a separate G-Sec sale on Dece
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Kissht Emerges as India's Fastest Growing Digital LAP Provider With Loans
Updated : 3 months ago IST
New Delhi [India], December 10: Kissht, one of India's most trusted consumer and MSME lending platforms, has significantly accelerated the growth of its Loans Against Property business, establishing itself as one of the fastest expanding secured lending franchises in the country. The company
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