Grameen Credit Score:
On Budget 2025-26 has introduced the Grameen Credit Score (GCS) framework to address the credit needs of Self Help Groups (SHGs) and rural populations. It is developed by public sector banks to assess the creditworthiness of rural individuals, facilitating easier access to loans.It aims to improve repayment discipline and reduce fraud by providing a more accurate evaluation of borrowers in rural areas.It will strengthen microfinance, boost financial inclusion, and support sectors like agriculture, rural development, and MSMEs.
