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Informist, Thursday, Aug. 14, 2025

 

MUMBAI –  Indian Banks' Digital Infrastructure Co. Pvt. Ltd.'s blockchain based deep-tier financing solution was found viable by the Reserve Bank of India in its fifth cohort of the regulatory sandbox, the central bank said in a release on Thursday. The solution enables micro, small, and medium enterprises, which are part of the supply chain of a creditworthy anchor, to get access to affordable finance linked to their value addition.

 

"The Tier-1 supplier invoice accepted by the anchor is tokenised and the platform facilitates the transfer of these tokens by the buyer to the seller in lieu of payment for the accepted invoice. Lenders fund the supplier against these tokens digitally on the platform. The solution aims to make credit more accessible and affordable for lower-tier MSMEs," the release said. 

 

The product may be considered for adoption by RBI's regulated entities, subject to compliance with applicable regulatory requirements, the RBI said.  End

 

Reported by Kabir Sharma

Edited by Akul Nishant Akhoury

 

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