Question
SBI Card has taken an initiative for MSMEs to cater to
their short-term credit requirements.What is the name of the new credit card launched by SBI Card specifically designed for MSMEs?Solution
SBI Card has launched a new credit card SimplySAVE Merchant SBI Card for MSMEs to cater to their short-term credit requirements. Available on RuPay network, the card be linked to UPI for payments through various UPI-enabled third-party apps. The launch of SimplySAVE Merchant SBI Card is an attempt to address this larger segment by extending interest-free short-term credit to MSME.
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