13min chapter

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AI can make loan approvals a piece of cake. So why is the RBI against it?

Daybreak

CHAPTER

Revolutionizing Loan Approvals: The Impact of AI and Its Challenges

This chapter explores the challenges of loan approvals in India and how AI is transforming the process to be more efficient. It also addresses the concerns of bias and regulatory scrutiny associated with the integration of AI in financial services.

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