Which bank recently launched the ‘Project Arogya’ to strengthen its healthcare lending portfolio?
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The bank that recently launched “Project Arogya” to bolster its healthcare lending portfolio is none other than the State Bank of India (SBI). In June 2021, SBI introduced its specialized loan offering—the Aarogyam Healthcare Business Loan—aimed at supporting healthcare service providers across the country, including hospitals, diagnostic centers, nursing homes, medical suppliers, logistics firms, and more. This initiative allows healthcare entities to access financing ranging from ₹10 lakh to ₹100 crore, depending on their location, with repayment tenures of up to 10 years. Notably, loans up to ₹2 crore are collateral-free thanks to coverage under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), underscoring SBI’s commitment to strengthening healthcare infrastructure through accessible credit.
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