Current Affairs - National - Discussion

Housing and Urban Affairs Secretary Durga Shanker Mishra today launched the Application Programming Interface, integration between the PM SVANidhi Portal and the State Bank of India portal to ease processing of loan applications. This integration will facilitate seamless flow of data between the PM SVANidhi Portal and SBI's e-Mudra Portal in a secure environment and expedite the loan sanctioning and disbursement process, which will benefit the street vendors seeking working capital loan under the scheme.