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MUDRA LOAN DISBURSEMENTS
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....
- 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...
- Performance on MUDRA loans: PSBs vs. private banksOwing to high level of NPAs, concerns have been raised over Mudra becoming the source for next bad loan crisis.
- 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.
- Some Mudra loans may turn toxic: Rating CosNew Delhi aims to achieve a disbursal target of Rs 3 lakh crore in 2018-19.
- Banks need to lend Rs 1 lakh crore to meet MUDRA target by the end of this monthGovt intends to disburse loans of up to Rs 3 lakh crore in the current financial year ending March 31.
- MUDRA loan disbursals take a hit due to demonetisationThe agency was established by the Modi Government with an initial corpus of Rs 5,000 crore to provide capital to all banks seeking refinanc...
- Dharmendra Pradhan asks banks to increase credit under Mudra SchemePradhan also set a target for banks to raise the flow of credit to poor entrepreneurs from the present 35 per cent to at least 45 per cent ...
- Show Mudra and banks can't deny loans to small borrowersAnyone who meets the basic requirement of Mudra would be eligible for a bank loan.
- In just 5 months, MUDRA invests Rs 203 crore in securitisation dealsIt has invested Rs 100 crore in two securitisation deals with Janalakshmi Financial Services and another Rs 50 crore in Satin Credit Care.
- MUDRA lends over Rs 42,000 crore in 5 months, sees pickup in H2The lending agency’s disbursals nearly doubled in the last two months to about Rs 27,000 crore from the Rs 15,000 crore it disbursed in the...
- Banks likely to disburse Rs 1.80l cr under MUDRA in FY17MUDRA is in the process of coming up with a user-friendly website for entrepreneurs seeking loans.
- Over Rs 93,600 crore sanctioned under MUDRA Yojana: Finance Jayant SinhaMore than Rs 93,600 crore has been sanctioned under Pradhan Mantri MUDRA Yojana to about 2.26 crore borrowers, Minister of State for Financ...
- Mudra Bank refinances Rs 1,500 crore to micro unitsDuring this fiscal, disbursement target is Rs 1.22 lakh crore, he told reporters on the sidelines of the Eastern India Micro-finance summit...
- MUDRA loans disbursed to borrowers: Finance MinistryThe finance ministry noted that micro finance institutions (MFIs) can become member lending institutions (MLIs) with MUDRA (SIDBI) Bank for...
- Over Rs 42,520 crore disbursed under MUDRA Yojna: PM Narendra ModiUnder Pradhan Mantri MUDRA Yojana (PMMY), loans between Rs 50,000 and Rs 10 lakh are provided to small entrepreneurs.
- Finance Ministry may introduce MUDRA Bill in Budget sessionThe banking sector has been allocated an overall disbursement target of Rs 1,22,188 crore during 2015-16 for MUDRA loans.
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