PSBs give Rs 4.9 lakh crore loans under outreach scheme

​​​Finance and corporate affairs minister Nirmala Sitharaman, had announced in September the launch of customer outreach initiative by public sector banks (PSBs) to improve credit delivery and support needs of the economy, with particular focus on MSMEs, NBFCs, corporates, retail and agriculture sector borrowers, without compromising on prudential lending norms.

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