Poonawalla Fincorp Ltd announced on Wednesday that its Credit AI underwriting platform has been fully integrated into its personal loans division, resulting in notable enhancements in underwriting efficiency. The Mumbai-based non-banking finance company plans to extend the platform’s capabilities to additional lending categories, including business loans, pre-owned car loans, loans for professionals, loans against property, and equipment finance.
Originally launched in partnership with IIT Bombay in March, the Credit AI platform aims to minimize manual tasks and expedite credit assessment processes.
Arvind Kapil, Managing Director and CEO, emphasized that the company is cultivating AI as a long-term organizational asset to bolster risk management and enhance decision-making quality.
In addition to Credit AI, Poonawalla Fincorp has rolled out four new AI tools across various operational areas, including customer acquisition, risk management, human resources, and business analytics. These tools consist of a multilingual conversational AI agent for client screening, an automated post-sanction review system that employs OCR and large language models, an HR documentation bot named PAI@HR, and DART Genie, a natural-language data insights platform that is currently accessible to operations and HR teams.
The company has identified 45 AI initiatives spanning multiple functions. As a systemically important non-banking finance company registered with the Reserve Bank of India, Poonawalla Fincorp has assets under management totaling ₹47,701 crore as of September 30, 2025, and employs 5,081 personnel.
As of 3 PM today, shares of Poonawalla Fincorp Ltd were trading at ₹450.50, reflecting a decrease of ₹4.80 or 1.05 percent on the NSE.
The information was published on December 10, 2025.
