PM Svanidhi's scheme gives small loans to needy people without CIBIL score: MoS Finance Bhagwat Karad

Union Minister of State for Finance Dr. Bhagwat Karad today asked bankers to focus on banking the unbanked, securing the unsecured, and funding the unfunded. He was speaking at a review meeting on the Financial Inclusion Parameters of Western Maharashtra in Satara today.   The Minister further said that PM Svanidhi's scheme gives small loans to needy people without the condition of collateral or a CIBIL score. The Minister also exhorted bankers to increase banking penetration in rural a...