Finance minister Nirmala Sitharaman proposed to make PAN the common identifier for all digital systems at government agencies during her Union Budget 2023 speech
This feature by Finezza will allow non bank financial companies to create limits at the anchor, lender and borrower levels that can solve India’s Rs 40 trillion unaddressed credit gap
In addition to giving a transparent view of loans to all parties, the system will reduce operational challenges and costs and help the credit market grow fast with the operationalization of co-lending
