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Saturday 14th of December 2024 10:19:17 PM |
IN
RBI EXPANDS DIGITAL CREDIT ACCESS VIA UPI
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RBI allows Small Finance Banks (SFBs) to offer pre-sanctioned credit lines via UPI, enhancing access for underserved groups. This move increases competition, reduces borrowing costs, and boosts inclusion, enabling efficient small-ticket lending for “new-to-credit” customers.
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RBI EXPANDS DIGITAL CREDIT ACCESS VIA UPI
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