Banking and finance
Questions we helped answer:
- Devise a Credit Rating algorithm for SME customers.
- Estimate probability of default of a customer and help decide on sanctioning or rejecting the loan application.
- Classify customers into different risk categories based on the customer profile to optimize the marketing spent.
10%-15% of customers default on the loans sanctioned by the banks.
Bank not able to identify the potential credit worthy customers thus impacting its profitability.