The Reserve Bank of India (RBI) has announced a pilot programme for ‘Public Tech Platform for Frictionless Credit’.
The platform itself is not a lending or credit issuing facility. It will only collate or compile data from various agencies and present it to lenders operating through the platform.
During G20 Finance Ministers and Central Bank Governors meeting, RBI showcased the Digital Kisan Credit Card and Digital Dairy Journey.
Quick facts
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