<h1>Indian Public Sector Banks' 2019 Initiative Boosts Lending, Disburses Rs. 2.53 Lakh Crore Across 374 Districts.</h1> Public Sector Banks (PSBs) in India conducted a Customer Outreach Initiative in October 2019, following a directive from the Finance Minister to enhance lending activities. The initiative, executed in two phases across 374 districts, resulted in record loan disbursements totaling Rs. 2.53 lakh crore. This included Rs. 1.05 lakh crore in new term loans and Rs. 46,800 crore in new working capital loans. Additionally, PSBs extended Rs. 19,627.26 crore in credit to Non-Banking Financial Companies (NBFCs). The outreach also facilitated account openings, Aadhar and mobile seeding, and promoted the BHIM app, with efforts extending beyond the organized camps to individual branches.