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Digital Dairy Chain visit by UK Gov minister John Lamont

Scotland Office Minister John Lamont tours rural areas to observe UK Government-funded digital innovation stimulating economic growth

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Lamont Highlights Farming Innovation During SE Scotland Visit

Lamont Highlights Farming Innovation During SE Scotland Visit
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Dumfries and gallowayUnited kingdomJohn lamontHayley currieDwayne powellRichard mccornickBeth alexanderJanice mccornickQuality meat scotland monitor farm initiativeScotland rural collegeStrength in places fundScotland officeFarm programmeFarm scotland programmeUnited kingdom researchScotland office minister john lamont

RBI to launch pilot on Public Tech Platform for frictionless credit: Soon, you will get loans in a few minutes; how it works

The Public Tech Platform for frictionless credit is an end-to-end digital platform that has been developed by the Reserve Bank Innovation Hub, a wholly-owned subsidiary of the central bank. The platform will also have an open architecture, open Application Programming Interfaces (APIs), and standards, to which all financial sector players can connect in a ‘plug and play model. During the pilot program, the platform will focus on products such as Kisan Credit Card loans, dairy Loans, MSME loans (without collateral), personal loans, and home loans through participating banks.

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RBI s lending innovation: Can t prove creditworthiness? Now you will still get a loan

The Reserve Bank of India (RBI) is developing a Public Tech Platform for Frictionless Credit delivery through end-to-end digital lending processes, beginning with Kisan Credit Card and dairy loans. RBIH, the RBI s wholly owned subsidiary that accelerates innovation in the financial sector, is piloting its platform in five states and plans to expand its offering to include education loans, MSMEs, and vehicle and personal loans. It will allow lenders to tap into data on milk sales or land records to establish creditworthiness, speeding up the loan application process from its current two to three weeks to a few minutes.

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RBI showcases frictionless digital loans in minutes to farmers

RBI showcases frictionless digital loans in minutes to farmers
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Tamil naduUttar pradeshMadhya pradeshBank innovation hubReserve bankPersonal loansDigital dairyReserve bank innovation hub