New Delhi: The State Bank of India (SBI) has processed 2.25 lakh SME digital loans till August 2025, with total credit limits of Rs 74,434 crore since the launch of the ‘SME Digital Business Loans’ scheme in FY24, the public sector lender said on Friday.
This includes the processing of 67,299 MSME Mudra loans amounting to Rs 3,242 crore.
India's largest public sector bank had launched ‘SME Digital Business Loans’ during 2023-2024, which enables MSME entrepreneurs to apply online for credit requirements up to Rs 5 crore.
MSME advances have been identified as the focal point for the bank’s growth and profitability over the next five years, and this innovative product marks a significant leap forward in digitalisation by offering SMEs a digital loan journey with an end-to-end sanction tur