PNB disburses 73,000 digital, 8 lakh offline PM SVANidhi loans, targets 5 lakh digital loans in next five years
New Delhi, July 1 -- Punjab National Bank (PNB) has disbursed 73,000 loans through digital mode and 8 lakh loans through offline mode under the PM e-SVANidhi scheme and has set a target of disbursing 5 lakh digital loans over the next five years, as per the data shared by Punjab National Bank.
On the occasion of Digital India Day, the public sector lender reiterated its commitment to expanding access to formal credit through digital banking solutions aimed at frontline workers, community service providers and street vendors.
In an official statement on Wednesday, PNB said it is promoting financial inclusion through initiatives such as PNB Shram Saathi and the PM e-SVANidhi scheme, both of which are designed to provide accessible and aff...
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