SME Times is powered by   
Search News
Just in:   • Need to increase India's share in global exports to 3.4 pc: Modi   • Sans MSME participation ignition of new India not possible: Prabhu  • Rajnath at launch ceremony of Indian-funded oil refinery in Mongolia  • JSW Steel proposes to invest $500 mn in US-based steel plant  • Delhi facing all time high peak power demand 
Last updated: 14 Mar, 2018  

Rupee.9.Thmb.jpg Over 55,000 entrepreneurs benefitted from Stand Up scheme

   Top Stories
» Need to increase India's share in global exports to 3.4 pc: Modi
» Sans MSME participation ignition of new India not possible: Prabhu
» Multi-pronged strategy needed to make agriculture viable: Naidu
» 35 pc youth in corporate sector prefers Yoga: Survey
» IGST, ITC refunds: FIEO hails Centre's proactive approach
SME Times News Bureau | 14 Mar, 2018

More than 55,000 loans have given to entrepreneurs under the Stand Up India Scheme (SUPI), shows latest government data.

The number of loans given by Public Sector, Private and Regional Banks under the Stand-up India Scheme are 51,888, 2,445, and 1,009 respectively up to March 7, 2018 since inception of the Scheme, said an official release.

The total number of loans given under SUPI stands at 55,342.

Regional Rural Banks have sanctioned180 loans to borrowers of Scheduled Castes (SC) category as on 07.03.2018 since inception of the Scheme.

The information was given by Minister of State for Finance Shiv Pratap Shukla in written reply to a question in Rajya Sabha.

Guidelines on SUPI include collateral free loans through credit guarantee scheme, convergence with state and central government schemes wherever feasible, simplified application form, online application through portal, handholding support, designated nodal officer for SUPI, etc.

Banks extends SUPI loan to commercially viable proposals as per Bank’s Board approved policy in this regard.

Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

Stan up india 7loan
Mahesh, | Wed Mar 21 14:07:27 2018
Who gives, I have order of 55lacs no bank has supported give documents show what u sell how u make profit.. It took 25 days and then no to loan. By these I lost order. Nice start up for only big players more borrow he gets more. U never borrowed do not borrow.

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 24 Jun, 2018
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(21)
» Lend more to MSMEs, RBI urges NBFCs(2)
» Modi interacts with Digital India beneficiaries(1)
» Indian cement industry – opportunities and challenges(1)
» Twitter blocked sharing of link to Trump advisor's phone number(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter