ENA Sectors 2023-08-30 17:56:48 <p><span style="font-size:14px"><strong>New Delhi, Aug 30 (KNN) </strong>Punjab National Bank (PNB), on Wednesday launched a mobile application based on the GST Sahay scheme, reported PTI. </span></p> <p><span style="font-size:14px">The public sector bank will provide an end to-end digital product under which lending can be done using GST invoices</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">With this integration, PNB has become the first public sector bank to facilitate frictionless credit flow to MSMEs using GST invoices, the bank said in a statement.</span></p> <p><span style="font-size:14px">The initiative is also in line with the bank's strategy to further the development of the MSME sector and digital credit ecosystem in the country. <em><strong>(KNN Bureau)</strong></em></span></p> 34635 https://knnindia.co.in/news/newsdetails/sectors/pnb-starts-instant-loans-for-msmes-using-gst-invoices 2023-08-30 17:56:48 knnindia.co.in