India, Oct. 17 -- India PR Distribution

Mumbai (Maharashtra) [India], October 17: In a significant development for India's banking sector, Central Bank of India (CBI) has successfully completed the first fully digital supply chain finance transaction on the PSB Xchange platform offered by PSB Alliance, a unified multi-lender platform designed to connect public sector banks, private sector banks, NBFCs and fintech's with corporates and their channel partners in the country to source and provide supply chain finance and small business loans.

This milestone marks the first time a fintech-originated corporate lead was seamlessly processed through the PSB Xchange ecosystem -- flowing from a fintech partner connected to the platform to a part...