Drishti: Axis Finance’s In-House Lending Rules Engine
Why in the news
A non-bank lender rolled out its own digital decisioning tool to speed up and standardise loan approvals.
Key facts
- Company: Axis Finance.
- Platform: Drishti, an in-house Business Rules Engine.
- Segments: retail and MSME lending.
- Method: data analytics, scorecards and underwriting workflows.
Where it is used
| Loan product | Deployed |
|---|---|
| Personal Loans | Yes |
| Business Loans | Yes |
| Loan Against Property | Yes |
| Home Loans | Yes |
Benefits
- Faster lending decisions.
- More consistent outcomes.
- Better risk management.
Exam angle
- Platform name: Drishti.
- Type of tool: Business Rules Engine (BRE).
- Borrower segments: retail and MSME.