Abstract:‘PSB Portal’ is a micro-service digital platform which primarily connects funding needs of Micro, Small and Medium Enterprises (MSMEs) to Banks for business. It is a strategic initiative of SIBDI with five other Public Sector Banks and was launched by Government of India, in November 2018, to provide loans to MSMEs of up to Rs.1 crore. The main motive of this initiative is to ease the process of fund availability to MSMEs and decrease the turnaround time of credit delivery to MSME sector. The new ‘PSB portal’ … Show more
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