PSBs Sanction Rs 523 Billion MSME Loans Via Digital Model

21 Jan 2026 CW Team

Public sector banks have sanctioned 0.396 million MSME loan applications worth more than Rs 523 billion between 1 April and 31 December 2025 under digital credit underwriting programmes, the Ministry of Finance said on Monday.

The Public Sector Banks introduced the Credit Assessment Model (CAM) in 2025, using digital footprints to assess creditworthiness of Micro, Small and Medium Enterprises. The model relies on digitally fetched and verifiable data to enable automated loan appraisal through objective decision-making and model-based limit assessment for both existing-to-bank and new-to-bank borrowers.

According to the ministry, CAM integrates multiple data points, including KYC authentication, mobile and email verification, GST data analysis, bank statement scrutiny through account aggregators, income tax return verification, and due diligence using credit information companies’ data, along with fraud checks.

The digital underwriting framework offers several benefits to MSMEs, including the ability to submit loan applications online from any location, reduced paperwork and fewer branch visits, instant in-principle approvals, seamless processing of credit proposals and faster turnaround times. Credit decisions are based on objective transactional behaviour and credit history, with integration of applicable credit guarantee schemes.

The ministry said the programme has helped improve access to formal credit for MSMEs while enhancing efficiency and transparency in loan processing across public sector banks.

Infrastructure Energy

21 Jan 2026

Rays Power Infra Wins Rs 19.12 Bn Renewable Energy Project

Rays Power Infra has secured a 300 MW renewable energy project valued at Rs 19.12 billion from a state-owned company, strengthening its position in India’s utility-scale clean energy sector. With this latest order, the company’s total order book has crossed Rs 80 billion.The project will be executed under Rays Power Infra’s co-development business model. Under this framework, the company will undertake land acquisition, secure interstate transmission system (ISTS) connectivity and carry out complete engineering, procurement and construction (EPC) works. The project is planned to be devel..

MMRDA Signs $96 Bn MoUs at Davos, Marks Record Day 1 Haul

The Mumbai Metropolitan Region Development Authority (MMRDA) marked a historic achievement on the opening day of the World Economic Forum (WEF) Annual Summit 2026 in Davos by securing investment commitments worth about Rs 8.73 trillion. The investments were formalised through the signing of 10 major Memoranda of Understanding (MoUs), setting a new benchmark for the authority’s global outreach.According to MMRDA, the agreements are expected to generate nearly 9.6 lakh direct and indirect jobs, reinforcing the Mumbai Metropolitan Region’s position as a major talent and economic hub in India ..

AAI Submits Hydrology Report to WRD for Chennai Airport Corridor

In a move to accelerate the implementation of an elevated corridor and the long-pending satellite terminal at Chennai Airport, the Airports Authority of India (AAI) has submitted a detailed study report to the Water Resources Department (WRD) of the Tamil Nadu government.The satellite terminal, first proposed nearly eight years ago, is aimed at easing congestion by handling additional aircraft and passenger traffic while optimally utilising remote bays at the airport. Although the project remained stalled for several years, it gained renewed momentum in 2024 after AAI revived the proposal.Acco..