RBI Enables Small Finance Banks to Offer Pre-Sanctioned Credit via UPI – Enhancing Financial Inclusion
RBI Enables Small Finance Banks to Offer Pre-Sanctioned Credit via UPI The Reserve Bank of India (RBI) has recently allowed Small Finance Banks (SFBs) to offer pre-sanctioned credit facilities through the Unified Payments Interface (UPI). This move aims to enhance the accessibility of credit, especially for those who have a limited credit history or are…
