India’s leading development bank secures savings of more than
US$2 billion through rt360 EWS
Over 17 lakh accounts monitored
The bank was established in 1964 to provide financial support for the fledgling Indian industry. It was re-categorized as a private sector bank for regulatory purposes by the RBI in 2019. Among other entities, the bank has 1,890+ branches, 1,400+ centers and an aggregate size of ₹3.74 trillion.
After realizing the impact of rising NPAs on the bank’s balance sheet, it felt the need for technology intervention to protect its credit portfolio. The bank worked with BCT Digital to implement the rt360 Early Warning System (EWS) solution to minimize NPAs, improve account visibility, adhere to regulatory mandates, and automate credit processes – with outstanding results.
BCT Digital implemented rt360 EWS at the bank’s premises, enabling it to track large volumes of corporate and retail portfolios for early warning indicators of stress. rt360 EWS features predictive scorecards to rate accounts basis their propensity to default. It helped in evaluating customer portfolios efficiently while empowering the bank with advanced NPA monitoring capabilities, automated reporting, and regulatory compliance.
Today, rt360 EWS is empowering the bank to focus on its credit growth and profitability while managing risks efficiently.
Awards & Recognition
rt360 is a risk management product suite to manage the entire risk portfolio of banks and financial institutions that includes credit risk, capital allocation, pricing risk, liquidity risk, model risk and operational risk.
rt360 is designed by bankers, risk practitioners and technology specialists with a Business First, Technology Next approach, empowering banks and financial institutions to focus on their credit growth and profitability while managing their risks. The product is fully designed and made in India to address the complexities of the financial sector globally. The suite comprises of five distinct products to manage each of the risk portfolio.