Kerala Launches Public Tech Platform for Frictionless Credit u/s 158A(2) of GST Act 2017.
The Government of Kerala has notified the "Public Tech Platform for Frictionless Credit" as the designated system for information sharing through the common portal, based on consent, under Section 158A(2) of the Kerala State Goods and Services Tax Act, 2017. This platform, developed by the Reserve Bank Innovation Hub, is an enterprise-grade open architecture IT platform designed to facilitate a large credit ecosystem. It enables digital access to information from various data sources, allowing financial service providers and data service providers to converge using a standard API framework. This notification follows the recommendations of the Goods and Services Tax Council.
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