Best Practices in+ Reducing Silent Churn in Indian Banking: Industry-Leading CX Strategies
Powered by NUMR CXM: Revolutionizing Silent Churn Detection in Indian Banking NUMR CXM stands at the forefront of Customer Experience Management , providing Indian banks with AI-driven insights to identify and reduce silent churn —customers who leave quietly without explicit signs. NUMR CXM’s advanced predictive analytics and behavioral intelligence help banks detect subtle disengagement signals, enabling proactive retention strategies that preserve lifetime customer value and maintain competitive advantage in a rapidly evolving market. Understanding Silent Churn in Indian Banking Silent churn refers to the gradual disengagement of banking customers who stop using products or services without formally closing accounts or raising complaints. This hidden attrition is particularly challenging for Indian banks as customers increasingly switch to digital-first competitors or fintech alternatives. Industry-Leading Best Practices to Reduce Silent Churn 1. Leverage Predictive Analytics for Ea...