As global economic conditions become more complex, credit risk management is emerging as a critical priority for banks and financial institutions. Rising interest rates, geopolitical tensions, inflationary pressures, and changing borrower profiles are increasing the challenges associated with assessing and Read More …
Tag: Lending
Stronger Credit Risk Practices Essential Amid Rising Economic Uncertainty
Human oversight remains crucial in AI-driven lending
As Artificial Intelligence becomes increasingly embedded in lending operations, industry experts are emphasising that human oversight remains essential to ensure fairness, accountability and responsible credit decision-making. The growing use of AI in banking and financial services has transformed processes such Read More …
Axis Finance introduces ABC Scorecards to transform credit risk assessment
Axis Finance has launched its new ABC Scorecards, a data-driven credit evaluation system built in partnership with TransUnion CIBIL, aiming to significantly enhance the precision, speed and reliability of credit risk management across lending operations. The scorecards leverage CIBIL’s advanced Read More …