Out of 2,00,600 applications submitted, 1,59,583 application for loan on psbloanin59minutes.com portal have been accorded in principle approval since the launch of the portal. Sanctions have been made in respect of 1,33,448 cases. Moreover, the Govt. and RBI have taken several steps to ensure access of credit of MSMEs.
from taxmann.com News https://www.taxmann.com/topstories/222330000000019139/rbi-approved-loan-in-respect-of-133448-cases-under-‘59-minutes’-schemes.aspx
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