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SMEs getting loans of up to Rs 5 cr within minutes: SBI
The Business Guardian
|October 09, 2025
The digital transformation in India’s financial sector is enabling faster and broader access to credit, particularly for small and medium enterprises (SMEs), stated State Bank of India (SBI) Chairman CS Shetty at the Global Fintech Fest 2025 on Wednesday.
Highlighting the efficiency of the banking ecosystem, Shetty said, “Today, Iam very proud to say that an SME customer with a loan requirement of up to Rs 5 crore can get approval within 25 to 26 minutes. This has been made possible essentially because of the humongous digital landscape we have created in
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