·
Integrated Scoring Framework: Unified view across credit
lifecycle
·
Automation & Standardisation: Faster decisions, better
operational efficiency
·
Portfolio Risk Optimisation: Balanced risk-return, improved loan
quality
Mumbai : Axis Finance Limited
(AFL), one
of India’s fastest-growing non-banking financial companies (NBFCs), today
announced the launch of ABC Scorecards — a suite of advanced Application,
Behaviour and Collection Scorecards designed to strengthen credit risk
assessment and portfolio management through the use of data-driven insights
and automation. This scorecard was built using TransUnion CIBIL’s analytics
expertise.
The ABC Scorecards will
empower Axis Finance to evaluate risk objectively, make faster and more
consistent lending decisions, optimize collection strategies, and enhance
portfolio health.
Customers will experience
faster loan approvals, greater transparency in credit decisions and access to personalized
loan solutions tailored to their financial profiles. The integrated
framework combines advanced analytics with robust risk models across the entire
customer journey, ensuring lending practices that are fair, consistent and
backed by data.
This launch marks a strategic
milestone for Axis Finance, which is an industry first, and was made possible
by TransUnion CIBIL’s TruIQ Innovation Lab. Core
teams from both organizations came together to develop scoring models tailored
to meet the evolving needs of Axis Finance’s lending ecosystem. The initiative
supports Axis Finance’s broader strategy of adopting data-first lending,
automating key processes, and ensuring prudent risk management while driving
sustainable business growth.
Commenting on the launch,
Sai Giridhar, Managing Director & CEO, Axis Finance Limited, “At
Axis Finance, we are committed to building a smarter, more inclusive and
transparent lending ecosystem. The launch of ABC Scorecards marks a pivotal
step in our digital transformation, introducing a data-driven approach to
credit risk assessment powered by advanced analytics and automation. We have developed
scoring models using TransUnion CIBIL’s expertise that combines analytics with
real-time decisioning to enhance credit precision, accelerate loan approvals,
and strengthen risk intelligence — all while delivering a fair and seamless
customer experience.”
“We are delighted to assist Axis
Finance to introduce this next-generation risk assessment model,” said Bhavesh
Jain, MD & CEO, TransUnion CIBIL. “By combining TransUnion CIBIL’s
data science expertise with Axis Finance’s on-ground lending experience, the
ABC Scorecards empower lenders to make faster, smarter and more responsible
credit decisions — redefining how credit risk is managed in India’s lending
landscape. With our new advanced analytics suite of solutions “TruIQ”, we have
been able to create models tailored to Axis Finance requirements and strengthen
their risk management capabilities.”
This milestone reinforces Axis Finance’s position as a forward-looking institution, leveraging advanced analytics to drive customer-centric innovation and strengthen its ‘Grow the Good’ strategy through responsible, data-driven practices. This engagement further strengthens TransUnion CIBIL’s relationship with Axis Finance, enabling strategic projects between the two.