'Loan fairs infused ₹1.8 lakh crore in economy'

In the first phase of the customer outreach initiative (October 1-9, 2019), public sector banks (PSBs) disbursed Rs 81,781 crore, including new term loans of Rs 34,342 crore. It is estimated that credit disbursal in the second phase (October 21-25, 2019) was around Rs 1 lakh crore, a finance ministry official said, asking not to be named.

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