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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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