Streenidhi Goes Digital: AI-Based App to Transform SHG Banking in Andhra Pradesh

Streenidhi is set to transform women self-help group financing with an AI-powered digital app, paperless loans, biometric authentication, and enhanced
Streenidhi Goes Digital: AI-Based App to Transform SHG Banking in Andhra Pradesh
Streenidhi Goes Digital: AI-Based App to Transform SHG Banking in Andhra Pradesh In a major boost to women empowerment and financial inclusion, the Andhra Pradesh government is introducing a fully digital transformation of Streenidhi , bringing banking-level services directly to women Self Help Groups (SHGs). From Manual Books to Digital Transactions With this move, traditional bookkeeping methods will be completely eliminated. All financial transactions related to Streenidhi will now be handled through a digital and paperless system , ensuring accuracy, transparency, and speed. Women SHG members will no longer need to maintain physical registers, as every transaction will be recorded digitally and accessible in real time. Launch of AI-Based Streenidhi App At the heart of this transformation is the launch of an AI-powered Streenidhi mobile application . The app is designed to simplify loan processing, monitoring, and repayments, making financial services easily accessible even in rural …