Working capital loan sanctions doubled- FM Nirmala Sitharaman. Public sector banks contacted above 95% firms for credit. PSBs have sanctioned loans worth Rs 5.66 lakh crore for over 41.81 lakh accounts in MSMEs. MSMEs in retail, agriculture and corporate sectors will benefit from the loan. Banks have also provided 3-month moratorium facility to over 3 crore farmers. Aim is to prevent liquidity crisis for businesses.
