Core Insights - State Bank of India (SBI) has disbursed loans totaling ₹74,434 crore to 225,000 MSMEs in under one hour through its SME Digital Business Loans platform over the past 15 months [1][3] - The SME Digital Business Loans product, launched in June 2024, allows MSME entrepreneurs to apply online for loans up to ₹5 crore, marking a significant advancement in digital lending [1][2] Group 1: Digital Loan Features - The SME Digital Business Loans offer an end-to-end sanction turnaround time of up to 45 minutes, enhancing the digital loan journey for SMEs [2] - SBI's data-driven credit assessment engine can provide sanction decisions within 10 seconds of submitting required details, eliminating the need for human intervention [3] - The product has processed 225,000 SME Digital loans with a total credit limit of ₹74,434 crore, including 67,299 MSME Mudra loans amounting to ₹3,242 crore [3] Group 2: Lending Approach - The lending process is based on cash flow, emphasizing the financial discipline of borrowers [4] - For loans up to ₹50 lakh, SBI has waived the requirement for financial statements, instead relying on transaction history and GST returns for appraisal [4]