The Reserve Bank of India Innovation Hub has partnered with Vivifi Finance for a pilot project to provide unsecured loans to gig workers, including cab and food delivery drivers. The project uses alternate data for loan underwriting and aims to integrate these workers into formal banking channels. Future plans include linking the system with the Unified Lending Interface.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025