Digital Loan Service: The central government will start digital loan service this year. Giving this information, Telecom and Information and Technology Minister Ashwini Vaishnav said that with this service even small street vendors will be able to take loans from big banks. Addressing the ‘Digital Payment Festival’, Railway Minister Ashwini Vaishnav said that it will be introduced like UPI service. this prime minister Narendra Modi Will be a big achievement under the vision of ‘Digital India’.
What did Ashwini Vaishnav say about NPCI
Ashnini Vaishnav said, тАЬThis year we will start digital loan service. In the next 10-12 years, the National Payments Corporation of India or the National Payments Corporation of India (NPCI) will be ahead.” In this event, the Electronics and IT Minister unveiled a prototype of a voice-based payment system for UPI.
UPI is going to be a global payment product
On this occasion, Ministry Secretary Alkesh Kumar Sharma said that UPI will become a global payment product for which NPCI has already started partnership with countries like Nepal, Singapore and Bhutan. He told that UPI services will be available for Non-Resident Indians (NRIs) of 10 countries Australia, Canada, Hong Kong, Oman, Qatar, Saudi Arabia, Singapore, UAE, UK and USA.
