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Poonawalla Fincorp has implemented an AI-powered platform aiming to transform debt management by leveraging predictive models and machine learning.

Poonawalla Fincorp share price surged as much as 2.47 per cent in Tuesday's trading session after the company announced the launch of its Consumer Durables Loans business.

Poonawalla Fincorp is a part of the famed Pune-based conglomerate, Cyrus Poonawalla Group. The group is currently headed by Adar Poonawalla.

Poonawalla Fincorp Ltd (BOM:524000) reports significant AUM growth and strategic diversification, despite challenges in net interest income and credit costs.

Listed fintech startup MobikWik has partnered with Poonawalla Fincorp to offer instant personal loans of up to INR 15 Lakh to its customers.

Poonawalla Fincorp enters consumer durables loans market with digital EMI card, aiming for faster loan sanctions and expansion.

Poonawalla Fincorp Limited implements AI-powered debt management platform, enhancing efficiency and customer engagement in financial services.

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