Suryoday Small Finance Bank (SSFB), one of the fastest-growing small finance banks today announced disbursement of its first loan under the PMs SVA Nidhi scheme. The loan of ₹ 10,000 as mandated in the scheme was disbursed to “Mrs. Asha Ashok Valmiki, “ a vegetable vendor “. The Bank ensured that the complete process of sanctioning the loan and withdrawal was digital and hassle-free. Commenting on this R Baskar Babu, MD &CEO Suryoday Small Finance Bank said " We take great pride in being a part of the PMs vision of providing small working capital loans to street vendors under the PM SVANidhi scheme, which is aimed at creating an Atmanirbhar ecosystem and helping them to bounce back after the crisis caused by the pandemic". It is our endeavor always, to bring a world-class banking experience to our customers and enable them to attain comprehensive financial stability. The government has been forthcoming in announcing various initiatives to the people an...
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