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PSBs set to launch MSME credit model this month
Business Standard
|November 18, 2024
Loan assessed may be between ₹25 lakh and ₹5 crore by different banks
Mid directions from the finance ministry, most public sector banks (PSBs) are ready to launch the credit risk assessment model for micro, small and medium enterprises (MSMEs), with a loan amount between ₹25 lakh and ₹5 crore to be assessed by the model for different banks, according to an internal government document reviewed by Business Standard.
Bank of India, Punjab & Sind Bank, Canara Bank and Indian Bank are planning to launch this model on November 25.
Six other PSBs - Bank of Baroda (BoB), Union Bank of India, Uco Bank, Central Bank of India, Indian Overseas Bank and Punjab National Bank - are expected to launch the model by November 30.
Diese Geschichte stammt aus der November 18, 2024-Ausgabe von Business Standard.
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