Under the mentorship of SIDBI, CIBIL, in collaboration with Online PSB Loans Limited (OPL), launched FIT rank by leveraging the power of Goods and Services Tax (GST), Bank Statements, and Income Tax returns (ITR) information to provide a ranking model for MSME lending. The ranking model uses machine learning algorithms to arrive at the probability of an MSME becoming a non- performing asset (NPA) in the next 12 months based on its financial, income, and trade data . The ranking is done on a scale of 1 to 10 with FIT Rank 1 for the least risky MSME and FIT Rank 10 for the most at-risk MSME. Each FIT rank corresponds to a Probability of Default (PD) and lower the FIT Rank, lower is the PD associated with the MSME.
Where is the 'Lingaraja temple' situated?
Which Indian state is the birthplace of the ancient Sanskrit theatre tradition "Kutiyattam"?
Which Indian mathematician is known for his contributions to the theory of numbers and for his work in the early 20th century?
In 1955 government of India took the majority ownership of SBI
1. Which of the following is not a permanent member of United Nation Security Council (UNSC)?
Which legendary footballer of Brazil recently retired from football world?
How many Indian states share border with Myanmar?
Which of the following countries has awarded Narendra Modi with the "Order of St Andrew the Apostle?"
Siddhartha Gautama, the founder of Buddhism, was born in which location?
Eminent Lalitha Lajmi passed away at the age of 80, who was she?
