Revolutionizing Credit Underwriting with AI-Powered Automation
Introduction
Underwriting is the backbone of credit risk evaluation. Yet, manual underwriting processes are slow, error-prone, and inconsistent — costing lenders time, money, and customer trust. Glib.ai transforms traditional underwriting into a real-time, intelligent process. With our AI-powered underwriting automation engine, banks, NBFCs, and fintechs can streamline decision-making, eliminate human bias, and scale with confidence.
"GLIB.ai will help us assess merchant risk in a better and more efficient manner. With FinRay, we can quickly analyze key ratios from financial statements across multiple languages."
Director - Merchant Credit Risk
Key Benefits
Assist, augment and automate.
Here are some frequently asked questions. If you have any other questions, please feel free to contact us.
How does AI enhance underwriting processes for banks and NBFCs?
AI fundamentally changes the underwriting process by removing inefficiencies and introducing intelligent automation. With Glib.ai, the system automatically extracts, classifies, and analyzes data from various financial documents such as bank statements, income tax returns, GST filings, and more. Machine learning algorithms then evaluate borrower risk profiles in real time using thousands of data points — far beyond what a human can process manually. This reduces turnaround times, improves credit decision accuracy, and enables consistent, policy-aligned underwriting at scale.
Can AI-based underwriting fully replace human underwriters?
Not entirely — and it shouldn't. At Glib.ai, we believe in Human-in-the-Loop (HILT) underwriting. While AI handles high-volume, rule-based analysis and scoring with remarkable speed and precision, complex or borderline cases still require human expertise. Our system enhances underwriters' efficiency by providing data-rich, pre-analyzed insights, allowing them to focus only on high-value judgment calls. This hybrid approach ensures the best of both worlds — speed and intelligence, without losing the nuance of expert decision-making.
Is Glib.ai’s AI underwriting compliant with regulatory requirements?
Yes, fully. Compliance is non-negotiable in financial services, and our platform is designed with India’s evolving regulatory ecosystem in mind. Glib.ai’s underwriting logic aligns with RBI's Fair Practices Code, SEBI's risk-based guidelines, and upcoming DPDP Act mandates. We also offer audit trails, explainable AI, and role-based access logs, ensuring traceability and accountability for every decision — crucial for internal audits and external regulatory reviews.
How does Glib.ai ensure data security and confidentiality?
We understand that financial and personal data requires the highest level of security. Glib.ai follows bank-grade security protocols, including AES-256 encryption, HTTPS/TLS communication, ISO 27001-certified infrastructure, and VAPT-tested systems. You can choose on-premise or private cloud deployments, and we offer fine-grained user permissions and activity logging to ensure only authorized access. Data never leaves your ecosystem unless explicitly permitted, aligning with your compliance and IT governance policies.
Can Glib.ai integrate easily with our existing credit assessment or LOS systems?
Absolutely. Integration is a top priority for us. Glib.ai offers RESTful APIs, webhooks, and SDKs that enable rapid and secure integration with Loan Origination Systems (LOS), Learning Management Systems (LMS), Core Banking Systems (CBS), CRMs, and even custom-built platforms. Our integration team works closely with your IT or product teams to ensure minimal disruption, full data sync, and complete operational readiness — typically within 1–2 weeks for most enterprise use cases.
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