Over 3.96 Lakh MSME loan applications amounting to more than ₹52,300 crore Sanctioned by PSBs under new Credit Assessment Model based on digital credit underwriting programmes between 1st April and 31st December, 2025

• Credit Assessment Model (CAM) is a digital-footprint-based, in-house underwriting framework rolled out by Public Sector Banks (PSBs) for MSME loan appraisal, integrated with the Jan Samarth Portal.
• Announced in Union Budget 2024-25; formally launched on 6 March 2025 by Union Finance Minister Smt. Nirmala Sitharaman.
• Replaces reliance on external/asset-based assessment with objective digital scoring (GST, ITR, bank statements, CIC data); enables sanction within maximum one day.
• Relevant for UPSC because it cuts across GS-III themes — financial inclusion, MSME credit gap, digital public infrastructure (DPI), and banking sector reform.