RBI Deputy Governor Urges NBFCs to Use Technology and Strengthen Risk Management
Reserve Bank of India Deputy Governor Shirish Chandra Murmu emphasized the growing role of NBFCs and HFCs as specialized, technology-driven lenders complementing banks by serving underserved and remote areas. He urged these institutions to adopt AI and machine learning for early detection of borrower stress, strengthen underwriting standards, diversify funding sources, and leverage digital public infrastructure to improve credit access, especially for MSMEs. Murmu highlighted the need for robust governance, risk management, customer protection, and liquidity management to ensure sustainable growth amid rising credit demand.
First-hand measurement across 6 sources
We measured how 6 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (68/100). Lens Score 43/100.
Outlets measured: mint, businessstandard, freepressjournal, economictimes, thetribune, thetribune. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
thetribune broke this story on 3 Sept, 08:09 am. Other outlets followed.