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Credit Processing System (CPS) is a Loan Origination System designed to assist a bank or financial institution in automating the lending process from origination to pre-disbursement verification and includes sanctioning.
JCPS provides immense operational advantages of automating a high volume credit origination and appraisal segment such as Retail and SME as well as the corporate segment. The web based platform can allow users to configure their own rating scorecards for evaluating loan applications of borrowers.
The strategic benefit clearly is the possibility of significant growth in origination volumes as well as the ability to keep a close watch on the overall quality of the portfolio.
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It has survived not only five centuries
Crisil CPS
Web & Application Design
21 June, 2013