New Delhi, Aug. 5 -- Indian Bank plans to digitise MSME loans of up to Rs 5 crore through a unified digital platform that will automate customer onboarding, loan processing and documentation, to reduce turnaround time and enable a seamless, paperless lending journey, the banks Chief General Manager Sujay Malik said on Wednesday.

"We are trying gradually that up to Rs 5 crores, you people should not go to the branch and your applications don't get lagged that it's taking 25 days, 30 days, 40 days, even 50 days, more than one month. To reduce that lag, that has been a constraint for all of you MSME people. We are trying to bring all these digital journeys," Malik said while addressing customers during Indian Bank's 120th Foundation Day cel...