SBI Launches MSME ‘Sahaj’: A 15-Minute Online Loan Solution Streamlined Loan Process for MSMEs The State Bank of India (SBI) has launched an innovative solution called ‘MSME Sahaj’ to streamline the loan application process for Micro, Small, and Medium Enterprises (MSMEs). This new online platform enables MSMEs to apply for loans and receive approvals within…
“Pradhan Mantri Mudra Yojana (PMMY) Loans Witness 23% Disbursal Increase in Q1 FY24” The Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in providing financial support to aspiring entrepreneurs and small business owners across the country. In a positive development, the PMMY loans have witnessed a remarkable 23% increase in disbursals during the first quarter…
MUDRA Yojana completes 8 years: Rs 23.2 lakh crore sanctioned The Micro Units Development and Refinance Agency (MUDRA) Yojana, launched on 8th April 2015, recently completed 8 years of operation. Under this scheme, loans are provided to micro and small enterprises at affordable interest rates. As of 31st March 2022, MUDRA has sanctioned Rs. 23.2…
