Wednesday, September 19, 2018
News

55,000+ loans provided under Stand-Up India Scheme

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi [India] | March 13, 2018 12:01:13 AM IST
Approximately 55,000 loans have been provided by the government under the Stand-Up India Scheme (SUPI), Ministry of Finance said on Tuesday.

The number of loans given by public sector, private and regional banks under the Stand-up India Scheme stand at 51,888, 2,445, and 1,009 respectively upto March 7, 2018.

Further, regional rural banks have sanctioned 180 loans to borrowers of Scheduled Castes (SC) category.

Guidelines on the SUPI have been issued by government to banks, finance ministry said.

These, inter alia, include collateral free loans through credit guarantee scheme, convergence with state and central government schemes wherever feasible, simplified application form, online application through the portal, handholding support, designated nodal officer for SUPI, among others.

The banks extends SUPI loan to commercially viable proposals as per bank's board approved policy in this regard. (ANI)

Loading...
 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE BUSINESS NEWS
Maharashtra seeks Rs 50,000-cr for Mumba...
UP issues 2,721 clearances to investors ...
All NFR routes to be electrified: Railwa...
Socomec to display switching equipments ...
Focus on services to push global trade: ...
HC to hear plea seeking formula of petro...
More...
 
INDIA WORLD ASIA
'Andhra will get special status if Congr...
Rima Das' Assamese feature Village Rocks...
Delhi government clears several people-f...
Audi launches electric SUV in Tesla's ba...
Latest EVMs to be used in Rajasthan poll...
EU to step up legal battle with Britain ...
More...    
 
 Top Stories
TB remains world's deadliest infect... 
I'm evaluating establishing permane... 
Israel violates Syrian sovereignty:... 
Lena Dunham in good spirits amidst ... 
Pakistani security forces foil majo... 
Congress delegation to meet CAG ove... 
China hits back with tariffs on $60... 
BJD workers demand Baijayant Panda'...