Answer: State Bank of India
Notes: The State Bank of India (SBI) launched "MSME Sahaj", a digital business loan solution tailored for micro, small, and medium enterprises (MSMEs). Key features include financing against GST-registered invoices, a quick process under 15 minutes from application to disbursement, automated loan closure, and data-driven assessment using machine learning models and authentic GST and credit data. This initiative aims to boost working capital and address liquidity challenges for MSMEs effectively.
