Monday, 21 April, 2025

Next-Gen AI Paves the Way for Inclusive Credit Systems in India

India's digital transformation has expanded financial access, yet over half the population in the informal sector still lacks meaningful credit and insurance services. Integrating next-generation AI into digital public infrastructure can address this gap by reducing delivery costs, personalizing services, and unlocking credit for underserved communities. AI-powered tools like mobile apps and chatbots can impart financial literacy and assess creditworthiness beyond traditional metrics.