Paper Key : IRJ************095
Author: Monika Singh Chouhan,Minal Verma,Priyanshi Garg,Parnal Satle
Date Published: 29 Oct 2023
Abstract
This article explores or presents a theoretical perspective on the topic of credit forecasting. Our bank has a variety of financial products, but its main source of income is credit lines. In this way, they can earn money through interest on these loans. A bank's profit or loss largely depends on its loans, i.e. whether its customers repay or default on their loans. Banks can reduce non-performing assets by evaluating non-performing loans. This makes studying this phenomenon very important. Previous research from this period suggests that there are multiple ways to study credit management problems. However, accurate forecasting is very important to maximize profits, so research is needed on the differences between the two methods and how they compare. Illegal loan forecasting, an important forecasting technique, is used to study the problems of (i) data collection, (ii) data retention, and (iii) evaluation studies.
DOI LINK : 10.56726/IRJMETS45617 https://www.doi.org/10.56726/IRJMETS45617