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    Question

    What measure has SBI implemented to provide faster SME

    Digital Business Loans?
    A Reduced documentation requirements Correct Answer Incorrect Answer
    B Use of blockchain technology Correct Answer Incorrect Answer
    C Sanction turnaround time of up to 45 minutes Correct Answer Incorrect Answer
    D Increased interest rates Correct Answer Incorrect Answer
    E Integration with UPI for faster payments Correct Answer Incorrect Answer

    Solution

    SBI launched SME Digital Business Loans with a sanction turnaround time of up to 45 minutes for SMEs, leveraging technology and APIs.

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