Union Finance Minister Arun Jaitley launches web portal for MSME banking credit space

The loans are undertaken without human intervention till sanction and or disbursement stage. The Portal sets a new benchmark in loan processing and reduces the turnaround time from 20-25 days to 59 minutes. Subsequent to the principle approval, the loan will be disbursed in 7-8 working days.



from Jagran Josh https://ift.tt/2IkO5J2
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