AI-Driven Lending Models May Unlock $170 Bn MSME Credit: Report – BW CFO World
The government says alternative data and real-time underwriting could expand formal financing access for small businesses Artificial-intelligence-driven lending models could unlock as much as USD 130-170 billion of credit for India's micro, small and medium enterprises (MSMEs), the government said in a report released on Wednesday. The analysis argued that AI-based underwriting, using alternative data and real-time cashflow signals, can…
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