Public Sector Banks sanction loans worth Rs 5.66 lakh cr for more than 4181000 accounts during March-April

Public Sector Banks have sanctioned loans worth 5.66 lakh crore rupees for more than 41 lakh 81 thousand accounts during March-April this year. In a series of tweets, Office of Finance Minister Nirmala Sitharaman said, these borrowers are from MSME, Retail, Agriculture and Corporate sectors, waiting for disbursal soon after lockdown lifts. For MSMEs and others, pre-approved Emergency credit lines and working capital enhancements are being prioritised by Public Sector Banks. More than 27 lakh cus...