Anurag Puranik
About Anurag Puranik
Anurag Puranik is the Head of Credit & Risk, known for significantly enhancing the efficiency of business application processes and reducing review times.
Anurag Puranik: Head of Credit & Risk
Anurag Puranik currently holds the position of Head of Credit & Risk. In this role, he is responsible for overseeing the credit and risk management functions, focusing on optimizing processes to enhance customer experiences and minimize potential risks. His leadership has led to significant improvements in the efficiency and effectiveness of business application approvals.
Efficiency Improvements in Business Application Approvals
Under Anurag Puranik's leadership, the application review process has experienced a major revamp. Instant approval rates for business applications have reached 90%, significantly reducing unnecessary friction for trustworthy customers. Additionally, the overall time required to review applications has been cut by over 75%, streamlining operations and accelerating decision-making processes.
Recommendations for Risk Management Tools
Anurag Puranik endorses the use of Coris for Risk teams aiming to deliver superior customer experiences while efficiently detecting fraudulent activities among small and medium-sized businesses (SMBs). He highlights Coris as a valuable tool for any risk management team focused on balancing high-quality service with robust fraud identification.