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Friday, March 06 2026 | 02:02:14 PM
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Tag Archives: Spocto X

Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boosting Recoveries by 60 Percent

Public Sector Banks (PSBs) are adopting AI-powered digital collections platforms to overhaul legacy processes, reduce NPAs, and improve borrower engagement. Spocto X’s AI-driven platform has enabled banks to cut bounce rates by 25-30%, optimize recovery strategies, and ensure regulatory compliance. At the Bharat Collections & Lending Summit, a senior executive …

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