Banking Innovation News - Latest Updates & Headlines
FM Sitharaman launches new credit assessment model for MSMEs
Vishakhapatnam, March 6: Finance Minister Nirmala Sitharaman and Minister of State for Finance Pankaj Chaudhary on Thursday launched the New Credit Assessment Model based on the scoring of digital footprints of MSMEs.
Financial institutions must invest in digital infrastructure to stay competitive: RBI Deputy Governor
Mumbai February 21: Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, according to Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao.