Question
RBI has currently completed the test phase under the
regulatory sandbox cohort and was evaluated based on mutually agreed test scenarios and expected outcomes.How many MSME lending products have gone through this test phase?Solution
Five MSME lending products have completed the test phase under the Reserve Bank of India (RBI) regulatory sandbox cohort and were evaluated based on mutually agreed test scenarios and expected outcomes. The entities whose products have completed the test phase are FinAGG Technologies Private Limited, Mynd Solutions Private Limited, Rupifi Technology Solutions Private Limited, Small Industries Development Bank of India, and SysArc Infomatix Private Limited.
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