Indian Bank — MSME Digital Lending

Key Facts

• Indian Bank celebrated its 120th Foundation Day.
• Approved approximately ₹500 crore in MSME loans for 128 beneficiaries.
• Credit proposals worth nearly ₹1,250 crore were mobilised.
• Launched Unified MSME Portal.
• Digital lending uses:
  • PAN
  • GST
  • Udyam Registration
  • APIs
  • Account Aggregators.

UPSC Link

Digital public infrastructure + MSMEs + financial inclusion

Important Number

Indian Bank → Established 15 August 1907