AI and automation: Transforming India’s lending landscape

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The story "AI and automation: Transforming India’s lending landscape" was covered 10 hours ago by e27, a news publisher based in Singapore.

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AI and automation: Transforming India’s lending landscape - e27

Quick Summary:

In recent years, there has been a notable shift in the digital lending industry, primarily due to the advancements in artificial intelligence (AI) and data analytics.

Financial organisations are continuously adjusting to meet the evolving needs of customers in a world that is becoming more and more digitised.

This represents a compounded annual growth rate (CAGR) of 33.5 per cent, underscoring the increasing significance of digital lending solutions in the global financial landscape.