Public sector banks sanction over Rs 52,300 crore in MSME loans under digital credit model

January 19, 2026 5:07 PM

Public sector banks sanction over Rs 52,300 crore in MSME loans under digital credit model

Public Sector Banks (PSBs) have sanctioned more than 3.96 lakh loan applications worth over ₹52,300 crore to Micro, Small and Medium Enterprises (MSMEs) under a new Credit Assessment Model (CAM) based on digital credit underwriting between April 1 and December 31, 2025. According to Finance Ministry, the digital credit assessment model, launched by PSBs in 2025, leverages borrowers’ digital footprints to enable faster, data-driven and objective appraisal of MSME loan applications. The syste...

Public sector banks now competing with private, foreign lenders: Piyush Goyal at MSME Banking Excellence Awards

December 23, 2025 10:32 AM

Public sector banks now competing with private, foreign lenders: Piyush Goyal at MSME Banking Excellence Awards

Union Minister of Commerce and Industry Piyush Goyal on Monday said public sector banks are today competing on an equal footing with private and foreign banks, reflecting the strengthening of India’s banking system and its growing role in supporting economic growth. Addressing the MSME Banking Excellence Awards in New Delhi, Goyal said public sector banks have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign lenders in financing India’s ...