Everest Bank Partners with SB Solutions to Launch Credit Automation System

Everest Bank Limited has launched the Credit Automation System (Credit-X) in collaboration with SB Solutions Pvt. Ltd. The agreement for this system was signed on June 22, 2023, by Mr. Sudesh Khaling, CEO of Everest Bank, and Mr. Sanjog Mishra, CEO of SB Solutions.

Credit-X aims to automate and digitize internal loan management processes, including loan approval, risk assessment, and document handling. The system is designed to replace paper-based methods, reduce credit risk, and expedite loan approvals.

SB Solutions specializes in fintech and credit digitization, offering various systems such as online credit qualification, loan management, and document management, with over 25 financial institutions currently utilizing their solutions.