SBI plans to enhance threshold limit under instant loan scheme for MSME sector

State Bank of India (SBI) is set to enhance the instant loan scheme threshold for MSMEs beyond the current Rs 5 crore, streamlining the process with tech for quick approvals. Plans include network expansion with 600 new branches, aiming to include more MSMEs in formal credit systems.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gU6uQJy
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