July 20, 2023 9:47 PM

Secretary, DFS, holds review meeting with heads of Public Sector Banks to assess progress under PM SVANidhi scheme

Secretary, Department of Financial Services Dr. Vivek Joshi today chaired a review meeting on Financial Inclusion schemes including PM SVANidhi with Heads of Public Sector Banks in New Delhi. PM SVANidhi scheme envisages the empowerment of street vendors through hassle-free access to affordable credit and their digital onboarding for their economic development. Vendors can avail a working capital loan of up to ten thousand rupees under the scheme. Dr. Joshi exhorted the banks to expeditiously cl...