RBI Initiates Pilot for Public Tech Platform Encouraging Seamless Credit Transactions

  • The Reserve Bank of India’s (RBI) subsidiary, the Reserve Bank Innovation Hub (RBIH), will handle the operation.
  • The platform’s ‘plug and play’ model cordially invites all financial sector stakeholders, enabling easy integration with essential services.
  • It aims to streamline credit delivery by easing the flow of necessary digital information, promoting efficiency, lowering costs, and boosting scalability.
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