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Poonawalla Fincorp Limited ( (IN:POONAWALLA) ) just unveiled an update.
Poonawalla Fincorp Limited has successfully achieved full adoption of its Credit AI platform in the personal loans sector, significantly enhancing underwriting productivity. Originally launched in collaboration with IIT Bombay, this AI-driven initiative aims to streamline retail underwriting by reducing manual efforts and improving decision quality. Following its success, the company plans to extend Credit AI to other loan segments. Additionally, PFL has introduced four new AI tools to improve customer acquisition, risk management, HR support, and business analytics, marking a strategic shift towards integrating AI across various business functions to drive efficiency and informed decision-making.
More about Poonawalla Fincorp Limited
Poonawalla Fincorp Limited operates in the financial services industry, focusing on providing various loan products such as personal loans, business loans, pre-owned car loans, loans for professionals, loans against property, and equipment finance. The company is committed to leveraging AI technology to enhance its underwriting processes and improve decision-making capabilities.
Average Trading Volume: 216,224
Technical Sentiment Signal: Strong Buy
Current Market Cap: 383.8B INR
For a thorough assessment of POONAWALLA stock, go to TipRanks’ Stock Analysis page.