PSU Banks approve over 3.96 lakh loan applications by MSMEs for Rs 52,300 crore in first 9 months of FY26
To boost the Digital India initiative, the government has approved nearly four lakh loan applications worth over ₹53,000 crore for the MSME sector under the new Credit Assessment Model. This digital system simplifies the loan approval process by reducing paperwork and enabling faster, hassle-free access to credit for applicants.
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