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Government's Credit Assessment Model to boost digital lending for MSMEs
Updated : 3 months, 1 week ago IST
CAM is designed to provide a uniform, efficient way to evaluate MSME creditworthiness using digital tools. By leveraging existing data in the digital ecosystem, such as payment history and business records, the system aims to reduce delays and human errors in loan processing.
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RBI creates Payments Infrastructure Development Fund to boost digitisation
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 5 (ANI): The Reserve Bank of India (RBI) said on Friday it is creating a Payments Infrastructure Development Fund to push digital payments across the country.
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