AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
Women’s reservation: PM Modi makes strong pitch for a new era in India, calls 2029 timeline crucialPrime Minister Narendra Modi is rallying for women's reservation within legislative assemblies by the year 2029. A special parliamentary se...
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit pushThe Pradhan Mantri Mudra Yojana has empowered millions of entrepreneurs. Over 577.9 million loans totaling ₹40.07 lakh crore have been disb...
Mudra to empower entrepreneurs; make them active participants in march towards Viksit Bharat: FMAs the Pradhan Mantri MUDRA Yojana celebrates its 11th anniversary, it celebrates the spirit of entrepreneurship that thrives across India....
PM Mudra Yojana has redefined access to credit by empowering millions: ModiPrime Minister Narendra Modi highlighted the PM Mudra Yojana's impact. The scheme has empowered millions by providing collateral-free credi...
PMMY drives micro enterprise growth, boosts women-led businesses in IndiaIndia's Pradhan Mantri MUDRA Yojana has empowered countless micro-enterprises. This scheme provides collateral-free credit, fostering growt...
Rs 39.48 lakh cr sanctioned so far under PM-MUDRA, NPAs at around 2 pc: FM SitharamanThe Pradhan Mantri MUDRA Yojana has empowered numerous small entrepreneurs. Over Rs 39 lakh crore has been sanctioned since its launch. Non...
Got a Rs 7 Lakh PM Mudra loan approval asking for Rs 860? You are being scammedScammers are using fake approval letters on social media, claiming eligibility for PM Mudra loans and demanding a fee for release. The Pres...
Private Banks seek reduction in Mudra targetsPrivate banks are pushing for a reduction in Mudra loan targets, citing concerns about potential stress on MSME loans. While govt data show...
Public sector banks' NPAs on Mudra loans fall to 3.4 pc in 2023-24: SitharamanFinance Minister Nirmala Sitharaman announced that public sector banks' non-performing assets (NPAs) for Mudra loans declined to 3.4% in 20...
Union Budget 2024: Govt increases limit of MUDRA loans from Rs 10 lkh to Rs 20 lkhIn the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman, several significant initiatives were unveiled aimed at boosting ...
Banks told to alert customers on frauds related to Mudra loansThe government has asked banks to keep vigil and inform their customers of fraud in Mudra loans. The directive follows multiple instances o...
Nearly 15 per cent of State Bank of India's Mudra loan portfolio turned bad“We have tweaked the model and changed it to e-mudra," Kumar said. "Some parameters are changed and now the NPA ratio has reduced to 10% in...
RBI deputy governor red-flags rising stress in Mudra loansThe Mudra loan scheme was launched to help the highly under-funded SMEs in 2015.
Govt may miss disbursal target of Rs 3 lakh crore Mudra loansThe government reported NPA level in Mudra loan portfolio to be 5.39 per cent in March 2018.
At 6.2 crore, women account for 78 per cent of Mudra loaneesAround Rs 1,78,313 crore of loans sanctioned were to women who were self-employed and running businesses such as bakeries, paper products, ...
Private banks, MFIs also offer MUDRA loans: Credit SuisseMUDRA is an initiative by the government to provide financial assistance for entrepreneurship to the bottom of the pyramid.