RBI to banks: Invest in, use digital public infra for MSME loans

In a forward-thinking initiative, RBI Governor Sanjay Malhotra presented a vision for a fully digital credit landscape tailored for MSMEs. He stressed the importance of unified lending platforms and robust digital infrastructure. Malhotra called on financial institutions to enhance investment in services like TReDS and account aggregators and encouraged MSMEs to leverage technology to overcome significant credit barriers, emphasizing that immediate, data-informed solutions are crucial for efficient delivery.

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