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PSU banks dole out most loans to street vendors

Last week, a branch manager of a leading state-run bank in Madhya Pradesh wrote to the municipal commissioner seeking “cooperation” as several of the 160 street vendors, who were given loans under the PM SVANidhi scheme, had not paid a single instalment, turning them into non-performing assets (NPAs).Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News

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