Banks sanction more than Rs 25,500 cr to over one lakh fourteen thousand accounts under Stand-Up India Scheme in 5 years

More than 25,586 crore Rupees were sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years. Stand up India Scheme was launched on 5th April 2016 to promote entrepreneurship at grassroot level focusing on economic empowerment and job creation. This scheme has been extended up to the year 2025. The objective of Stand-Up India is to promote entrepreneurship amongst women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a gr...