Private banks delaying implementation of Rs 3-lakh crore MSME loan scheme: RSS-affiliated body tells FM

Lele said he informed the minister that prominent public sector banks like State Bank of India and Bank of India have started extending loans as per the scheme. But at the branch level, three-year projections of revenue and profitability are sought before sanction, he said.

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