PNB sanctions debt worth ₹689 cr to 1,600 MSMEs via 59minute loan portal
- Under the Mudra Yojana, the bank has offered loan to over 2.69 lakh small entrepreneurs this fiscal
- MSMEs through this portal can avail loans of up to ₹1 crore in 59 minutes or less than an hour
NEW DELHI : State-owned Punjab National Bank (PNB) has sanctioned loans worth ₹689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs) through the psbloansin59minutes.com portal as part of its effort to promote such industries.
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