July 19, 2022
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Digital credit facilitation portal enables automated eligibility checks and digital loan approval with real-time tracking.
The Government launched a digital credit facilitation portal integrating beneficiaries, financial institutions and government agencies to provide eligibility guidance, subsidy checks, auto-recommendation of suitable schemes, digital verification and automated loan approval via an inbuilt rule engine, with real-time application tracking to streamline applications and disbursements for education, agriculture, business and livelihood loans.