India, Nov. 12 -- The Department of Financial Services (DFS), Ministry of Finance, has launched the Startup Common Application Journey on the Jan Sammarth Portal, providing a unified digital platform for startups to access credit across all Public Sector Banks (PSBs).
The new feature was unveiled by Shri M. Nagaraju, Secretary, DFS, during the Public Sector Banks Review Meeting in New Delhi, in the presence of senior officials from DFS, the Indian Banks' Association (IBA), PSB Alliance, and PSB leadership. Developed by the IBA in collaboration with PSB Alliance, the initiative aims to simplify and accelerate the credit application process for startups.
The portal allows startups to apply for loans, compare offers, and track applications d...