More than two-third loan requests approved under Modi govt’s 59 minute loan portal

Prime Minister #Narendramodi's push to provide fast and easy credit to #SMEs seems to be working as two-third loan applications filed on the government portal for granting loans in less than an hour are being approved. Nearly 80% of more than 2 lakh applications filed on the psbloansin59minutes.com were approved in principle.

#sme #msme #msmes #smesector #loans #banking #smelending #smb hashtag#smbs #smallbiz #smallbusiness