How AI is Transforming Credit Risk: From Manual Files to GenAI

Описание: To what extent can AI enhance the efficiency of the banking process?

According to CA Kuldeep Vaishnav, VP (Credit & Risk) at Shinhan Bank India, the shift from manual file analysis to AI-driven tools has reduced manual effort by nearly 70%.

In this episode, Sneha Jain (Perfios) sits down with Mr. Vaishnav to discuss the drastic evolution of underwriting over the last decade. They dive deep into how tools like K-Scan and CAM AI are replacing stacks of paper with instant, summarized insights and explore the future of "End-to-End" automated lending.

In this video:

The Shift: Moving from manual file checking to AI automation.

The Impact: Achieving a 60-70% reduction in manual underwriting efforts.

Tech in Action: How K-Scan simplifies P&L and balance sheet analysis.

Future Innovations: The potential of video PD and GenAI chat interfaces.

The Dream: A look at the ideal "Straight Through Processing" (STP) journey—from onboarding to disbursement.

#fintech #creditrisk #AIinBanking #ShinhanBank #Perfios #Underwriting #GenAI