RBI Allows Small Finance Banks to Offer Credit via UPI – A Game-Changer for Financial Inclusion
RBI Allows Small Finance Banks to Offer Credit via UPI Introduction: In a groundbreaking move, the Reserve Bank of India (RBI) has allowed Small Finance Banks (SFBs) to offer credit via the Unified Payments Interface (UPI). This decision aims to bolster financial inclusion and promote seamless credit access across the country. Small Finance Banks, traditionally…
