Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
HOW TO STOP MIS-SELLING OF FINANCIAL PRODUCTS
The New Indian Express Hubballi
|February 16, 2026
BANKING has moved from physical branches to the palm of your hand.
With voluminous data analytics and the latest technology to mine that information, you are inundated with automated messages and calls.In the latest conference call with analysts, Bajaj Finance's management provided a detailed analysis of how the company is using AI to boost credit growth.
In the quarter gone by, Bajaj Finance reported loan disbursements of ₹1,600 crore, or nearly 10% of total loan disbursements, through AI-powered call centres. This is a significant boost to future profit prospects, as the company spends less on average customer acquisition or loan costs. The company promises to up the game. The stock market loved the idea. Bajaj Finance shares jumped last Friday, even as overall market sentiment was negative. Bajaj Finance is not alone. Every other bank and non-banking finance company that sells loans and financial products to you is likely to use Artificial Intelligence tools for outreach.
This story is from the February 16, 2026 edition of The New Indian Express Hubballi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Hubballi
The New Indian Express Hubballi
Memorial to remember Baisaran terror victims
Victims’ names engraved in bold golden letters
2 mins
April 22, 2026
The New Indian Express Hubballi
Pak extends airspace closure on the eve of Pahalgam anniversary
WITH a year of reciprocal airspace closure between India and Pakistan after the Pahalgam terror attacks, Pakistan on Tuesday said it would extend the restriction until May 24.
1 min
April 22, 2026
The New Indian Express Hubballi
WOMEN'S RESERVATION: STAY ON THE CHARTED COURSE
HERE is something profoundly disingenuous about the Opposition’s sudden outrage over the absence of a sub-quota for Other Backward Classes in the Nari Shakti Vandan Adhiniyam (106th Constitutional Amendment Act, 2023).
3 mins
April 22, 2026
The New Indian Express Hubballi
Won't Constitution come to rescue of believer, asks SC
ON the sixth consecutive day of hearings in the Sabarimala reference case
1 mins
April 22, 2026
The New Indian Express Hubballi
Pahalgam beautiful, picturesque. No question of insecurity, say tourists
ONE YEAR AFTER ATTACK
2 mins
April 22, 2026
The New Indian Express Hubballi
Govt mulls tighter IT Rules, seeks public feedback
SOCIAL media platforms such as X and those operated by Meta, will be required to comply with any clarification, advisory, order, direction, standard operating procedure, code of practice, or guideline issued by the Ministry of Electronics and Information Technology (MeitY) as part of their due diligence obligations, accordingto fresh amendments proposed by the government on Tuesday.
1 min
April 22, 2026
The New Indian Express Hubballi
Govt forms panel to probe fire at HPCL Raj refinery
A day after the fire incident at the HPCL Rajasthan Refinery Limited, the government on Tuesday said it has constituted a four-member panel to investigate the cause of the blaze.
1 min
April 22, 2026
The New Indian Express Hubballi
On women’s quota bill, Cong seeks to remind PM about Sonia, Rahul letters
THE Congress on Tuesday cited earlier letters of Sonia Gandhi and Rahul Gandhi to PM Narendra Modi demanding immediate implementation of women’s reservation in legislatures, saying the Modi government “slept” on the demand and delayed it now by linking it to delimitation.
2 mins
April 22, 2026
The New Indian Express Hubballi
Raj refinery fire delays PM inauguration, sparks row
Blaze raises concerns over safety norms, CM forms panel for probe
2 mins
April 22, 2026
The New Indian Express Hubballi
Army's skill lab where soldiers learn how to win the drone war
COMPUTER screens display simulated terrain, moving targets and live telemetry as young soldiers pilot virtual drones through obstacle-heavy scenarios that resemble a video game, but are configured to replicate combat conditions.
1 mins
April 22, 2026
Listen
Translate
Change font size