MUMBAI, India, Aug. 12 -- Intellectual Property India has published a patent application (202641085590 A) filed by Saveetha Engineering College on July 13, 2026, for Explainable Ai System For Transparent Loan Approval Decisions.
Inventor includes Dr. M. Ganesan Alias Kanagaraj.
The application for the patent was published on August 07, 2026, under issue no. 32/2026.
Abstract: ABSTRACT The present invention discloses an Explainable Al System for Transparent Loan Approval Decisions that enhances the transparency, accountability, and reliability of automated credit evaluation by integrating explainable artificial intelligence into the loan approval process. The system receives loan applications through banking systems, digital lending platf...