SBI grants loans of Rs 74,434 cr to 2.25 lakh MSMEs via digital means

Core Insights - State Bank of India has disbursed Rs 74,434 crore to 2.25 lakh MSMEs in under 15 months [1] - The bank's SME Digital Business Loans platform offers credit up to Rs 5 crore [1] - The digital platform provides end-to-end sanction in up to 45 minutes [1] - The platform leverages technology and APIs, utilizing ITR, GST, and bank data for quick decision-making [1]