CURRENT AFFAIRS : BANKING & FINANCE
RBI to launch pilot project on Public Tech Platform for frictionless credit
- In a step towards enhancing India’s financial landscape, the Reserve Bank of India (RBI) has announced the launch of the Pilot Project for Public Tech Platform for Frictionless Credit by Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.
Aim:
- To enable delivery of frictionless credit by facilitating a seamless flow of required digital information to lenders.
