RBL Bank partnered with Creditas Solutions to automate collections

RBL Bank partnered with Creditas Solutions to automate collections

Question: Which Bank has partnered with Creditas Solutions for its ‘Neo Collections’ platform?
(a) HDFC Bank
(b) RBL Bank
(c) SBI Bank
(d) ICICI Bank
Answer: (b)
Related Facts:

  • RBL Bank has partnered with Creditas Solutions for its ‘Neo Collections’ platform.
  • The Neo Collections Platform is a Do It Yourself (DIY) debt management platform that will help the customers of the bank to monitor, manage and pay their dues/loans.
  • RBL Bank will utilise the SaaS-based (software as a service) platform to accelerate efficiency in collections across the loan cycle.
  • It will enable the bank to offer its customers a convenient, seamless and a non-intrusive repayment experience.
  • Customers can access their consolidated account information anytime, on any device and choose the most convenient payment option for repayments in a few clicks.
  • The intuitive platform will guide customers with personalised and insights to improve their credit score.

BY: AMIT GUPTA

Reference: https://www.livemint.com/companies/news/rbl-bank-partners-with-creditas-solutions-to-automate-collections-11644235896933.html