Neutral impactSector
KCC, MUDRA credit gets UPI push, bringing sanctioned loans closer to point of purchase
Economic Times 7 hrs ago·10 Sept 2026, 1:30 am
UPI is moving deeper into the credit ecosystem, with Kisan Credit Card and PM MUDRA borrowers now able to use their sanctioned credit limits for merchant payments. The move extends the existing Credit Line on UPI framework into two large government-backed lending programmes, bringing formal credit closer to the point at which farmers and small businesses actually spend it.
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