India's DPI to Expand Credit Access to Millions

India is using its digital tools, like Aadhaar, UPI, and others, to help more people get loans.

A recent report says that these tools have made it easier for people to apply for and manage loans.

It also reduced the costs for banks.

Fintech companies are providing many of these loans.

Millions of people are already using these systems for debt collection.

The goal is to let 450 million people, who don't usually get loans, have access to them.

It involves easier, faster, and safer ways to get money.