MSMEs face challenges in obtaining loans due to informal income records. Data-driven lending utilizes bank statements and AI to assess creditworthiness, enabling personalized loan products. This approach supports financial inclusion, ensuring that lenders und… For the full story, visit the source.
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MSMEs need more than loans; they need data-driven credit pathways
MSMEs face challenges in obtaining loans due to informal income records. Data-driven lending utilizes bank statements and AI to assess creditworthiness, enabling personalized loan products. This approach supports financial inclusion, ensuring that lenders und…
By Sachin Seth· Livemint· 4 months ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint