Skip to content
Free updates Login
SSCBankingNABARD / RBI

NABARD Digital Lending Platform for RRBs: CDCI Explained

13 September 20251 min read
BANKING & FINANCENABARD DigitalLending Platformfor RRBs: CDCIExplained13 September 2025safalsetu.com

Why in the news

NABARD is preparing a common digital lending platform to help RRBs compete with NBFCs and microfinance institutions after consolidation.

Key facts

  • CDCI automates credit processing end to end, improving efficiency, transparency and agility.
  • Supports housing loans with first-loss default guarantees and MSME products.
  • Aims: use scale and cost savings, and encourage new loan product design.

About RRBs

AspectDetail
Set up1975; Regional Rural Banks Act, 1976
OwnershipCentre 50%, State 15%, sponsor bank 35%
PurposeRural development; supplement cooperative credit

Exam angle

  • Law: Regional Rural Banks Act, 1976.

Test yourself

1. What does the platform NABARD is developing for RRBs aim to automate?

CDCI is designed for end-to-end automation of credit processing and management.

2. The One State-One RRB policy reduced the number of RRBs from 43 to how many?

Consolidation resulted in 28 banks.

3. In RRB shareholding, what share does the Government of India hold?

The Centre holds 50%, the State 15% and the sponsor bank 35%.

This topic is part of Daily Current Affairs 12 September 2025 (13 topics).

All topics of the dayDay quizSeptember 2025

Read more