Thursday, June 3, 2021

Public sector banks sanction 95% of total loans under PM SVANidhi scheme

Under the scheme, collateral-free working capital loan of up to Rs 10,000 of one-year tenure is being provided. The scheme aims at financing approximately 50 lakh street vendors, to resume their businesses.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/public-sector-banks-sanction-95-of-total-loans-under-pm-svanidhi-scheme/articleshow/83207315.cms

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