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‘PSB Loans In 59 Minutes’ Sets Its Sights On Larger Advances
There are discussions with banks to increase the loan limit to Rs 2 crore or Rs 5 crore.
27 Mar 2019, 11:44 AM IST
Government promoted online credit platform psbloansin59minutes is looking to expand its mandate to larger ticket loans, as it works towards the Narendra Modi-led administration’s attempt to improve credit access for small businesses.The portal, whose shareholders include the Small Industries Development Board of India and large public sector banks, was launched in September 2018 with the promise of loan approvals within 59 minutes fo...
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