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RBL Bank partnered with Creditas Solutions

Published on February 10, 2022
Current Context: The RBL Bank has partnered with Credits Solutions.
RBL Bank partnered with Creditas Solutions
  • They have partnered for the purpose of the SaaS (Software as a Service) platform which is based on ‘Neo Collections’.
  • It will help to automate the loan collection procedure.
  • The platform will be managed by Artificial Intelligence and Machine Learning technology.
  • It will be a ‘do it yourself (DIY) type of debt management platform that will allow the customer to monitor, track, manage and pay their dues.
  • Thus, they will grant a convenient, seamless non-intrusive repayment experience to their customers.
  • Customers will be able to schedule their EMI plan and avail payment resolution options.
  • Static Part: 
    • HQ of RBL Bank: Mumbai
    • Tagline of RBL Bank: Apno ka bank

Question: 

Q.1 Which bank partnered with Credits Solutions for the purpose of the SaaS (Software as a Service) platform which is based on ‘Neo Collections’ with an aim to automate loan collection procedures?
a. RBL Bank
b. HDFC Bank
c. Kotak Mahindra Bank
d. IDFC First Bank

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