SME Times News Bureau | 14 Mar, 2018
than 55,000 loans have given to entrepreneurs under the Stand Up
India Scheme (SUPI), shows latest government data.
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.
total number of loans given under SUPI stands at 55,342.
Rural Banks have sanctioned180 loans to borrowers of Scheduled Castes
(SC) category as on 07.03.2018 since inception of the Scheme.
information was given by Minister of State for Finance Shiv Pratap
Shukla in written reply to a question in Rajya Sabha.
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 www.standupmitra.in portal, handholding support, designated
nodal officer for SUPI, etc.
extends SUPI loan to commercially viable proposals as per Bank’s
Board approved policy in this regard.