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flag India's Central Bank completes first fully digital supply chain finance transaction via PSB Xchange, boosting MSME lending.

flag India’s Central Bank of India has completed the first fully digital end-to-end supply chain finance transaction on the PSB Xchange platform, developed by PSB Alliance with Veefin Solutions. flag The milestone, enabled by a fintech partner, processed a corporate lead from origin to approval and acceptance without manual steps. flag The platform connects banks, NBFCs, fintechs, and corporates, using AI and API technology to streamline financing, particularly for MSMEs. flag CBI’s successful execution confirms the system’s real-time credit capabilities and marks a key advancement in India’s digital lending infrastructure.

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