Karza Technologies careers

Non-Performing Assets (NPA) and frauds have been plaguing Indian banks for the last several years. Gross NPAs of commercial banks increased four times to a whopping Rs.3.2 trillion as on March, 2015 up from Rs.847 billion in 2010. Loan frauds have ballooned over 100% to Rs.194 billion in FY 2014-15 from Rs.86 billion in FY 2012-13. Lenders have always wished they knew beforehand the chances of recovering their money.

Karza Technologies has stepped in with big data analytics, business intelligence and machine learning to carry out background checks, assess credit worthiness of borrowers not just on their track record but also on their future potential and intent to repay. Karza is building an intelligent system that analyses available financial information with the institutions, and trawls the Internet for lurking signals that will raise a red flag about the credit worthiness of the borrowers.