Overview
- A ministry statement on January 19 detailed more than 3.96 lakh MSME applications sanctioned under digital underwriting across public sector banks during April–December 2025.
- The Credit Assessment Model, launched by PSBs in 2025, relies on digitally fetched, verifiable data for objective decisioning and model-based limit assessment.
- Data inputs include KYC authentication, mobile or email verification, GST filings, bank statements via account aggregators, ITR checks, and CIC-based due diligence with fraud screening.
- The platform enables 24/365 online applications with instant in-principle sanctions, reduced paperwork, no branch visits, faster turnaround, and integration with credit guarantee schemes such as CGTMSE.
- In a related policy step effective January 15, CBIC extended RoDTEP and RoSCTL benefits to electronic exports sent through the postal channel to support MSME exporters.