- 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
a. RBL Bank
b. HDFC Bank
c. Kotak Mahindra Bank
d. IDFC First Bank
