Get SBI loan in just 59 minutes! How State Bank of India, other PSBs are looking to empower borrowers
Five of the largest banks in India including State Bank of India (SBI), Union Bank of India, Oriental Bank of Commerce, Corporation Bank, Andhra Bank have joined hands to offer ‘PSB Loans in 59 Minutes‘ scheme to empower the MSMEs.
For the first time, MSMEs get In-principle approval without visiting the branch of any bank and can choose from PSBs and Private sector banks. IANS