Fact registry

64 lenders (41 banks + 23 NBFCs), 136+ data services, 12 loan journeys

ULI does not store customer data or consent; consent management, grievance redressal and the credit decision remain with the lender.

Large-bank adoption slow; weak digitisation of land records cited as a scale-up constraint (Aug 2025).

45+ crore cumulative consents, 500+ crore data fetches, 7 lakh+ consents/day (FY26, Sahamati)

ReBIT consent artefact: consent ID, purpose code, data range, frequency, validity, data life, FIU identity; the AA is data-blind; revocable at any time.

Sahamati recognised by RBI as SRO for the AA ecosystem.

No automatic increase in credit limit unless an explicit borrower request is received, evaluated and kept on record — RBI (Digital Lending) Directions, 2025, clause 7(ii), RBI/2025-26/36 dated 8 May 2025.

The RE remains fully responsible and liable for all acts and omissions of its LSP — clause 5(vii).

KFS and APR per the 15 Apr 2024 KFS circular — clauses 8(i), 4(i), 6(iii).

FREE-AI: RBI committee report released 13 Aug 2025 (Bhattacharyya committee). 7 Sutras — Trust is the Foundation; People First; Innovation over Restraint; Fairness and Equity; Accountability; Understandable by Design; Safety, Resilience and Sustainability. 6 pillars, 26 recommendations. It is a report, not binding regulation.

RBI draft guidance on Regulatory Principles for Model Risk Management (AI/ML), released 24 June 2026, comments closed 24 July 2026, still in draft. Requires a board-approved MRM framework, independent validation, mandatory human oversight for material decisions, explainability for customer-facing models, disclosure that the user is interacting with AI, third-party accountability, adversarial testing.

DPDP Rules notified 13–14 Nov 2025. Consent Manager registration from 12 Nov 2026. Notice, consent, purpose limitation, data minimisation, data-principal rights and DPB penalty powers commence 12 May 2027.

SMA-0: 1–30 days overdue; SMA-1: 31–60; SMA-2: 61–90; >90 days → NPA. RBI Prudential Framework, 7 June 2019.

RBI Master Directions on Fraud Risk Management, 15 July 2024: EWS must be integrated with CBS; alerts examined within a TAT preferably ≤30 days (Para 3.1.3); RFA reported to CRILC within 7 days.

SBI v. Rajesh Agarwal (SC, 27 Mar 2023): natural justice read into the fraud framework — notice, forensic report, hearing and a reasoned order before fraud classification. RBI's July 2024 Master Directions require a Show Cause Notice with not less than 21 days (Para 2.1.1.2).

PSL Directions, 2025 (FIDD, 24 Mar 2025, effective 1 Apr 2025) for SCBs: total PSL 40%, agriculture 18%, non-corporate farmers 14%, small & marginal farmers 10%, micro enterprises 7.5%, weaker sections 12%.

Banks shall not accept collateral for MSE loans up to ₹20 lakh (mandatory); may dispense with collateral up to ₹25 lakh (discretionary) — MSME (Amendment) Directions, 2026.

₹10 crore guarantee ceiling per borrower — Circular 250/2024-25 dated 18 Mar 2025.

AGF slabs effective 1 Apr 2025: ₹1–2 cr 0.85%, ₹2–5 cr 1.00%, ₹5–8 cr 1.10%, ₹8–10 cr 1.20%.

Grant-in-aid 35% of eligible project cost, max ₹5 crore (50% in difficult areas/SC-ST); minimum project cost ₹3 crore; promoter equity 20%; bank term loan 20%; completion in 18 months. Validity beyond FY 2025-26 unconfirmed.

PMFME: 35% credit-linked capital subsidy capped at ₹10 lakh per unit, micro enterprises only. A ₹5 crore project does not qualify.

PLISFPI: minimum FY2019-20 sales thresholds — RTE/RTC ₹500 cr, processed fruits & vegetables ₹250 cr, marine ₹600 cr. Applications closed. A ₹5 crore unit fails on both counts.

AP MSME & Entrepreneur Development Policy 4.0 (2024–29): investment subsidy 25% of FCI — micro cap ₹25 lakh, small cap ₹1.5 crore, medium cap ₹7 crore; SGST reimbursement 100% for 5 years.

AP Food Processing Policy 4.0 (2024–29): secondary/tertiary processing up to 25%, cap ₹15 crore; +10% top-up for women/SC/ST/OBC/minority promoters.

AP Single Desk Portal under the Single Desk Policy 2015; food-processing nodal body: Andhra Pradesh Food Processing Society (APFPS).

Modified Interest Subvention Scheme continued for FY 2025-26: 1.5% subvention, 7% concessional rate, up to 3% Prompt Repayment Incentive → effective 4%.

Collateral-free agricultural loan limit ₹2 lakh per borrower — RBI circular 6 Dec 2024, effective 1 Jan 2025.

Operative KCC ~₹10 lakh crore across 7.72 crore farmers (Feb 2025).

Public sector banks sanctioned over ₹52,300 crore in MSME loans via the new data-based assessment model.

No credible public figure exists; this is a placeholder for the bank's own measured baseline in the 90-day pilot.

No credible public figure exists; the pilot measures it.