PM Modi’s Standup India scheme nears 1 lakh loan sanctions; up nearly 8% in FY21 so far

PM Modi’s Standup India scheme nears 1 lakh loan sanctions; up nearly 8% in FY21 so far

Credit and Finance for MSMEs: The standup India facilitates bank loans from Rs 10 lakh to Rs 1 crore to at least one scheduled caste/scheduled tribe borrower and at least one woman borrower per bank branch of scheduled commercial banks to launch their first venture in the manufacturing, services or trading sector.
Check the source here –Source, Financial Express.
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