Loans worth Rs 30,000 crore sanctioned to MSMEs via 59-minute portal, says report
Updated : February 13, 2019 09:46 AM IST
Government sources told the paper that the centre is hopeful that the credit offtake will increase further as the banks are likely to transfer the 25 basis rate cut announced by the Reserve Bank of India in its February policy.
The ones availing the loans have to submit details such as income tax returns, GST data and bank statements to avail the credit facility through this portal.
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