Axis Finance Rolls Out 'Drishti' Business Rules Engine for Automated Credit Approval
The platform aims to streamline credit underwriting, enhance digital decision-making speed, and bolster risk governance.
The system focuses specifically on enhancing lending workflows across retail borrowers and micro, small, and medium enterprises (MSMEs).
Exam Perspective: Internal digital rule engines allow non-banking financial companies (NBFCs) to minimize turn-around time (TAT) and reduce human bias in credit evaluation.
Key Facts / Static GK
Q Practice Quiz — 29 July 2026
1. How many pieces of ₹10 polymer banknotes has the Reserve Bank of India proposed for field trials?
Explanation: The Reserve Bank of India proposed the field trial introduction of 100 crore pieces of ₹10 notes alongside 100 crore pieces of ₹20 notes.
2. What was the growth rate of India's Index of Industrial Production (IIP) recorded for June 2026?
Explanation: According to the Quick Estimates released by MoSPI, India's industrial production grew by 7.3% year-on-year in June 2026.
3. What total penalty amount was collected by private banks in FY 2025–26 for failing to maintain the Minimum Average Balance?
Explanation: Private sector banks collected ₹4,948.71 crore in FY 2025–26 as non-maintenance penalties for minimum account balances.
4. What was the year-on-year growth rate of net profit recorded by Public Sector Banks in FY 2025–26?
Explanation: The aggregate net profit of Public Sector Banks increased by 11.1% year-on-year to reach ₹1.98 lakh crore in FY 2025–26.
5. What is the primary function of the newly launched 'Axis Finance Drishti' engine?
Explanation: Axis Finance Drishti is a digital Business Rules Engine (BRE) engineered to refine credit decisioning and risk monitoring across MSME and retail operations.
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