Tuesday, August 25, 2020

ICICI Bank uses space images for farm loans to cut costs

The lender, India's fourth largest by assets, is using pictures taken from space and analysed by a third-party firm, for farm loans in 500 northern Indian villages, with plans to take the technology to 63,000 villages, it said on Tuesday.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-bank-uses-space-images-for-farm-loans-to-cut-costs/articleshow/77741525.cms

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