Axis Finance Launches ABC Scorecards with TransUnion CIBIL to Transform Credit Risk Management
Chennai: Axis Finance Limited (AFL), one of India’s fastest-growing non-banking financial companies (NBFCs), has announced the launch of ABC Scorecards — a suite of advanced Application, Behaviour, and Collection Scorecards developed in collaboration with TransUnion CIBIL.
The new scorecards are designed to strengthen credit risk assessment and portfolio management by leveraging data-driven insights and automation. Axis Finance said the initiative will enable faster, more consistent lending decisions, optimize collection strategies, and improve portfolio health.
For customers, the scorecards promise quicker loan approvals, greater transparency in credit decisions, and access to personalized loan solutions tailored to individual financial profiles. The integrated framework combines advanced analytics with robust risk models across the customer journey, ensuring fair and consistent lending practices.
The launch, described as an industry first, was made possible through TransUnion CIBIL’s TruIQ Innovation Lab, where teams from both organizations collaborated to build scoring models tailored to Axis Finance’s evolving lending ecosystem.
Sai Giridhar, Managing Director & CEO of Axis Finance Limited, said:
“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. These models enhance credit precision, accelerate loan approvals, and strengthen risk intelligence — all while delivering a fair and seamless customer experience.”
Bhavesh Jain, MD & CEO of TransUnion CIBIL, added:
“By combining TransUnion CIBIL’s data science expertise with Axis Finance’s lending experience, the ABC Scorecards empower lenders to make faster, smarter, and more responsible credit decisions. With our TruIQ analytics suite, we have created models tailored to Axis Finance’s requirements, strengthening their risk management capabilities.”
The milestone reinforces Axis Finance’s position as a forward-looking institution, adopting data-first lending practices to drive sustainable growth. It also deepens the company’s strategic partnership with TransUnion CIBIL, paving the way for future innovation in India’s lending landscape.
