Problem Statement_Term Project_Business Analytics

Business Problem (Main Objective): Group Details:

Name 1 Priyadarshani(23PGDM101)
Name 2 Aditi Chaturvedi(23PGDM065)
To reduce NPAs by automating the loan
Name 3 Jahanvi Mishra(23PGDM085)
approval process.
Name 4 Yashasvi Jain(23PGDM117)
Name 5 Saarah Sayed(23PGDM105)

Sub Objectives:
O1: To find parameters affecting the loan approval process.
O2: Credit risk assessments for people who have defaulted on their credit card payments.
O3: To develop model for loan approval process.

Datasets brief description with source links:

Dataset 1: https://www.kaggle.com/datasets/vipin20/loan-application-data
Dataset 2: https://www.kaggle.com/datasets/ifeanyichukwunwobodo/credit-card-default
Objective1 &3 by dataset 1
Objective 2 by dataset 2

Scope of your project:

Analysis can be used by

 Scheduled Commercial banks

 RRBs
 Payment banks
 NBFCs