Lending Through ‘Digital Footprints’ New Model for Micro, Small & Medium Enterprises Credit Appraisal Process of Banks

Authors

  • Sunil Dasari Senior Manager Bank of Maharashtra Head Office, Pune

Keywords:

No Keywords.

Abstract

The Union Budget 2024 presented by Finance Minister Smt. Nirmala Sitharaman on 23rd July,2024 announced a ‘New Credit Assessment Model’ for micro, small & medium enterprises (MSMEs), where banks will assess them based on their ‘digital footprints’ and not on their balance sheets.

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Published

2024-11-14

How to Cite

Dasari, S. (2024). Lending Through ‘Digital Footprints’ New Model for Micro, Small & Medium Enterprises Credit Appraisal Process of Banks. The Management Accountant Journal, 59(10), 48–50. Retrieved from https://icmai-rnj.in/index.php/maj/article/view/173713

Issue

Volume 59, Issue 10, October 2024

Section

Cover Story

References

Digital Cash Flow Lending to MSMEs: Concepts and Models, NIBM Working Paper.

State Bank of India Website.

CRIF.