{"id":554645,"date":"2024-01-09T07:50:09","date_gmt":"2024-01-09T06:50:09","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=554645"},"modified":"2024-01-09T09:57:51","modified_gmt":"2024-01-09T08:57:51","slug":"sbm-bank-india-selects-jocata-to-enhance-lending-experience","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/sbm-bank-india-selects-jocata-to-enhance-lending-experience\/","title":{"rendered":"SBM Bank India selects Jocata to enhance lending experience"},"content":{"rendered":"

\"Jocata,Jocata, India-based digital lending transformation partner, has collaborated with SBM Bank India<\/a> to complement the Bank’s digital capabilities by leveraging Digital Document Execution (DDE) platform.<\/p>\n

The Digital Document Execution (DDE) platform will provide a seamless and secure end-to-end digital execution of loan documents for both retail and corporate customer segments.<\/p>\n

Prashant Kadam, Chief Operations Officer, SBM Bank India<\/strong>, said, \u201cAt SBM, we believe in the transformative power of digital processes to unlock opportunities and shape a brighter tomorrow for all. Our collaboration with Jocata serves as a testament to our dedication to providing streamlined, secure, and customer-centric banking services. Utilizing Jocata’s DDE platform, the bank is poised to decrease loan disbursal turnaround time (TAT) while simultaneously strengthening its control and management of documentary risks.\u201d<\/p>\n

SBM Bank’s dedication to customer-focused solutions and digital transformation is expected to greatly improve the efficiency of the loan disbursal process through its collaboration with Jocata. By utilizing the DDE platform, SBM Bank aims to achieve a substantial reduction in the loan disbursal turnaround time (TAT), thereby providing its customers with a quicker and more streamlined lending experience.<\/p>\n

Prashant Muddu, MD & CEO at Jocata<\/strong>, said, \u201cWe have consistently worked with our partners in modernizing traditional banking practices & achieving operational agility and provide them with world-class tools for digital adoption. We are delighted to partner with SBM Bank India, the youngest universal bank in the country, and assist them in building digital and tech-first personalized customer experiences.\u201d<\/p>\n","protected":false},"author":35778,"featured_media":554646,"parent":0,"template":"","categories":[41779,11397],"tags":[33385,16505,12004,42630,26467,21391,11404,41010,42629,32265],"class_list":["post-554645","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-banktech","category-saas","tag-digital-document-execution","tag-digital-india","tag-digital-lending","tag-documentary-risks","tag-fintech-india","tag-fintech-news","tag-india","tag-jocata","tag-loan-documents","tag-sbm-bank-india"],"acf":[],"yoast_head":"\nSBM Bank India selects Jocata to enhance lending experience<\/title>\n<meta name=\"description\" content=\"Jocata enters into a strategic collaboration with SBM Bank India to enhance the bank\u2019s lending experience via Digital Document\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/sbm-bank-india-selects-jocata-to-enhance-lending-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBM Bank India selects Jocata to enhance lending experience\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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