GOVT URGES PSU BANKS TO LAUNCH LOANS OF UP TO ₹1 LAKH FOR STREET VENDORS
The government has asked public sector banks to develop dedicated loan products of up to ₹1 lakh for street vendors.
The initiative aims to improve access to formal credit, reduce dependence on informal lenders, and promote financial inclusion.
The move could expand retail lending opportunities for PSU banks while supporting small businesses and urban livelihoods.
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