Dnipro River

 New Credit Assessment Model for MSMEs

The Finance Minister has introduced a digital footprint-based credit assessment model for MSMEs.

As part of the Union Budget 2024-25, it was announced that Public Sector Banks (PSBs) will develop in-house capabilities to assess MSMEs for credit, rather than relying on external assessments.

The model will utilize digital footprints, which may include Name and PAN authentication via NSDL, mobile and email verification using OTP, API-based GST data retrieval from service providers, and bank statement analysis, among others. This model will create automated processes for MSME loan appraisals.

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Dnipro River (Dnieper River)

Ukraine has accused Russia of launching "suicidal missions" in an attempt to secure control over the Dnipro River (Dnieper River).

About the Dnipro River

• The river divides Ukraine into right-bank and left-bank regions, with the capital, Kyiv, situated on its banks.
• It is Europe’s fourth-longest river, following the Volga, Danube, and Ural rivers.
• Origin: The Dnipro River begins in the Valdai Hills in Russia, approximately 150 miles west of Moscow.
• Flow: The river flows through Russia, Belarus, and Ukraine before emptying into the Black Sea.

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