Delhi: Google’s Director of Product Management, Sharath Bulusu, says, We made a number of announcements today, including bringing on board partners like Aditya Birla finance Ltd and Muthoot Finance Ltd, who are both excellent lending partners who can enable us to do inclusive responsible credit at scale in India. We also spoke about how we partner with civil to make sure that people across the board have access to their credit report and they can understand it in the simple intuitively way.
#GoogleIndia #InclusiveCredit #ResponsibleLending #AdityaBirlaFinance #MuthootFinance
#GoogleIndia #InclusiveCredit #ResponsibleLending #AdityaBirlaFinance #MuthootFinance
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00:00We made a number of announcements today, including bringing on board partners like Aditya Birla
00:06Finance Limited and Muthut Finance Limited, who are both excellent lending partners who
00:12can enable us to do inclusive, responsible credit at scale in India.
00:17We also spoke about how we've partnered with Sibyl to make sure that people across the
00:22board have access to their credit report and they can understand it in a simple, intuitive
00:27way.
00:28And through a simple, nice quiz that we've created, you know, bust myths about credit,
00:34help people learn about credit.
00:36And the last one, which is also kind of very exciting, is we created a support guide to
00:41help people go through the credit application with the help of an AI that we've developed.
00:47And what that does is any question the user has to say things like, hey, what happens
00:52if I change the repayment tenure from X to Y?
00:56Or what happens if, you know, I'm going to take this loan, what kind of fees will I encounter?
01:01This is able to explain that information back to the user in language that they understand,
01:06you know, simple, natural language, but at the same time, give them a pointer to the
01:10detailed terms and conditions saying, you know, this is the particular clause that applies,
01:13etc.
01:14So I think these are the things that I'm really excited about.