Hyper Parameter Optimization in Machine Learning For Enhancing Loan Sanction Processes

• Published in: International Conference on Computing, Communication, and Networking Technologies (Online) pp. 1 - 7
• Main Authors: Saraswathi, K., Renukadevi, N.T., Akshaya, K.G., Kanishka, S.
• Format: Conference Proceeding
• Language: English
• Published: IEEE 24.06.2024
• Subjects: Accuracy; Bayes methods; Costs; KNN; Linear regression; Logistic regression; machine learning; Machine learning algorithms; Naive Bayes; Predictive models; Random Forest; Random forests; Reliability; Support vector machines; SVM

The main activity of banks is loan lending. A bank's earnings are mostly made up of profits. These days, loans are the most important necessity in society. Only a small percentage of the total profits go to banks. It is beneficial for people to buy luxury goods of any kind, such a house or car,...