Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boosting Recoveries by 60 Percent
Apr 03, 2025
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yubi Company-whose advanced AI platform has delivered measurable results for institutions like the Central Bank of India, as highlighted at the recent Bharat Collections and Lending Summit.
Read More ..
