https://www.taxtmi.com/news?id=51494 Government policy pairs widespread basic savings account coverage and account features with targeted collateral free microcredit and credit guarantee mechanisms to extend formal lending to underserved groups. Technology and alternative data-including a Grameen Credit Score, a digital MSME credit assessment using tax, GST and utility data, and a unified portal to connect borrowers to schemes-are being used to assess credit where conventional histories are absent. Combined with mandated Priority Sector Lending targets, these measures aim to convert deposit inclusion into equitable access to timely and affordable credit. en-us Mon, 04 Aug 2025 18:50:07 +0530 Mon, 04 Aug 2025 18:50:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51494 Government policy pairs widespread basic savings account coverage and account features with targeted collateral free microcredit and credit guarantee mechanisms to extend formal lending to underserved groups. Technology and alternative data-including a Grameen Credit Score, a digital MSME credit assessment using tax, GST and utility data, and a unified portal to connect borrowers to schemes-are being used to assess credit where conventional histories are absent. Combined with mandated Priority Sector Lending targets, these measures aim to convert deposit inclusion into equitable access to timely and affordable credit. News - Mon, 04 Aug 2025 18:50:07 +0530 https://www.taxtmi.com/news?id=51494