Do you know that applying for an MSME loan is easier and quicker than before? Thanks to NBFCs, which have launched several schemes and initiatives to help entrepreneurs and small business owners avail ...
Public sector banks sanction over ₹52,300 crore in MSME loans, transforming financing through a new digital credit assessment model.
India, Jan. 20 -- Public sector banks under the digital credit underwriting programmes sanctioned over 3.96 lakh MSME loan ...
PSBs sanction 3.96 lakh MSME digital loans: Digital footprints are used by the model for KYC authentications, mobile and email verifications, GST data analysis, bank statement analysis (using account ...
The "digital footprints" analysed by the model include comprehensive data points such as GST data analysis, bank statement analysis using account aggregators, and ITR verification. The system also ...
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