FM Nirmala Sitharaman asks PSU banks to focus on MSME outreach

Sitharaman asked banks to cut down on paperwork and keep the formalities simple for the sector, the Department of Financial Services tweeted. The minister on Tuesday reviewed the performance of the recently launched ₹3 lakh crore Emergency Credit Line Guarantee Scheme for MSMEs via videoconference.

from Banking/Finance-Industry-Economic Times https://ift.tt/3hb0JuW