CREDIT MONITORING AT BOB
Bank of Baroda (BOB), a leading public sector bank, encountered challenges in credit assessment and monitoring with traditional methods. With more than 40,000 employees in their credit team, BOB transformed credit risk assessment. Leveraging GST, ITR, and bank statement analyses they implemented a centralized credit assessment and monitoring system to mitigate credit risk discrepancies and errors. It improved their process accuracy reducing overall TAT and enabling real-time, 360-degree credit decisioning.