New Digital Credit Assessment Model for MSMEs

Official Press

28 Jul 2025

The Ministry of Finance has introduced a New Digital Credit Assessment Model for MSMEs, aimed at expediting loan approvals by utilizing real-time digital data. This model, launched on March 6, 2025, allows Public Sector Banks (PSBs) to assess MSME creditworthiness through automated, objective processes, significantly reducing paperwork and processing time. The model leverages various digital footprints, including PAN authentication, GST data, and bank statement analysis, to facilitate faster loan decisions, with nearly 99,000 applications sanctioned between April and July 2025. The initiative aims to simplify the loan process while maintaining existing eligibility criteria.

Source: Original Link

Recent Diplomatic Updates from India's Ministry of External Affairs

The latest press releases from India's Ministry of External Affairs highlight key diplomatic appointments and international meetings. Ms. Rachita Bhandari has been appointed as India's High Commissioner to Malta. There were important discussions held between India and Egypt during the 14th Round of Foreign Office Consultations.

Key Diplomatic Updates from the Ministry of External Affairs

The Ministry of External Affairs has released several press releases detailing recent diplomatic engagements, including the 14th Round of Foreign Office Consultations between India and Egypt, and the 6th India-ROK Foreign Policy Dialogue in Seoul. Additionally, the Prime Minister conducted an official visit to Malaysia, engaging in talks with the

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

The Ministry of Health and Family Welfare has commenced a five-day Knowledge Exchange Workshop at Sushma Swaraj Bhawan in New Delhi to foster Health Technology Assessment (HTA) cooperation between India and Sri Lanka. This workshop aims to enhance strategic pathways for HTA institutionalization in Sri Lanka, promoting bilateral healthcare diplomacy

VOC Port Hosts Key Event on AI Advances in Maritime Operations

The V.O. Chidambaranar Port Authority welcomed industry leaders and experts to discuss the future of AI in maritime operations as a prelude to the IndiaAI Impact Summit 2026, emphasizing practical and policy implications within India's growing technology-led port infrastructure. Source: Original Link

Read more

Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations