Axis Finance Limited (AFL) has launched a new suite of advanced credit risk assessment models called ABC Scorecards, developed in collaboration with TransUnion CIBIL. The company said the new Application, Behaviour and Collection Scorecards will help it make faster and more objective lending decisions by using analytics-driven insights across the customer lifecycle.
The scorecards were developed using TransUnion CIBIL’s analytics capabilities through its TruIQ Innovation Lab, with teams from both organisations working together to customise the models for Axis Finance’s lending environment. The initiative is part of AFL’s broader strategy to strengthen portfolio quality, automate processes and adopt a data-first approach to lending.
According to the company, the ABC Scorecards will allow Axis Finance to bring more consistency and transparency to credit decisions, speed up loan approvals and refine its collection strategies. Customers, it said, will benefit from quicker turnaround times and personalised loan offerings aligned to their financial behaviour.
Axis Finance described the launch as an industry first and a strategic milestone in its digital transformation journey. Commenting on the development, Sai Giridhar, Managing Director and CEO of Axis Finance Limited, said, “At Axis Finance, we are committed to building a smarter, more inclusive and transparent lending ecosystem. The launch of ABC Scorecards marks a pivotal step in our digital transformation, introducing a data-driven approach to credit risk assessment powered by advanced analytics and automation. We have developed scoring models using TransUnion CIBIL’s expertise that combines analytics with real-time decisioning to enhance credit precision, accelerate loan approvals, and strengthen risk intelligence — all while delivering a fair and seamless customer experience.”
TransUnion CIBIL said the collaboration showcases how analytics-led models can help lenders improve credit risk evaluation at scale. Bhavesh Jain, MD and CEO of TransUnion CIBIL, said, “We are delighted to assist Axis Finance to introduce this next-generation risk assessment model. By combining TransUnion CIBIL’s data science expertise with Axis Finance’s on-ground lending experience, the ABC Scorecards empower lenders to make faster, smarter and more responsible credit decisions — redefining how credit risk is managed in India’s lending landscape. With our new advanced analytics suite of solutions ‘TruIQ’, we have been able to create models tailored to Axis Finance requirements and strengthen their risk management capabilities.”
Axis Finance said the launch reinforces its goal of building responsible, analytics-driven lending practices under its “Grow the Good” strategy. The partnership also strengthens the ongoing relationship between Axis Finance and TransUnion CIBIL, opening avenues for further strategic projects between the two organisations.
