Nucleus Software, a leading lending and transaction banking solutions provider, today announced that HDB Financial Services Limited(HDBFS), one of the leading Non-Banking Financial company (NBFC) in India, has selected their lending analytics solution to help them leverage the insights provided by their data and make faster and more informed lending decisions.
Rohit Patwardhan', Head-Credit and Risk, HDB Financial Services stated, "We realize the importance of business insights gained from the huge amount of data that we are gathering. At HDBFS we needed a dynamic predictive analytics solution to help us leverage these insights in processing loan applications in real-time and provide a better customer experience. We look forward to benefitting from the solution to make our credit decision making processes across the origination and collections stages of our retail loan products faster, simpler and better."
Shares of the company gained Rs 4.9, or 1.17%, to trade at Rs 422.10. The total volume of shares traded was 2,242 at the BSE (11.49 a.m., Thursday).