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...
22 Nov, 2024, 06.48 AM IST
Mudra loan limit doubled to Rs 20 lakh in line with Budget announcement"This increase aspires to further the overall objective of the Mudra Scheme, which is funding the unfunded," the finance ministry said in a...
26 Oct, 2024, 12.25 AM IST
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 ...
23 Jul, 2024, 12.05 PM IST
Interim Budget 2024: 43 crore loans worth Rs 22.5 lakh crore extended under PM Mudra Yojana, says FM SitharamanInterim Budget 2024: The finance minister said 30 crore Mudra Yojana loans have been given to women in the last 10 years. "Saturation appro...
01 Feb, 2024, 12.08 PM IST
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.
18 Dec, 2019, 08.34 AM IST
Union Budget 2019: What women got from Sitharaman's budgetModi government had initiated various measures for women during its first five years, as had Jaitley in his budgets.
05 Jul, 2019, 01.19 PM IST
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.
03 Mar, 2019, 07.59 PM IST
Govt to soon announce steps to tackle NPAs of MSMEs: JaitleyUnveiling the last full-year budget of the current BJP-led government in Parliament, Jaitley said online loan sanctioning facilities for MS...
01 Feb, 2018, 03.12 PM IST
Need to strengthen loan restructuring mechanism: MoS Finance Arjun Ram MeghwalArjun Ram Meghwal Meghwal said the government brought in the ordinance giving wide-ranging legislative powers to the Reserve Bank on the no...
11 Jun, 2017, 12.26 PM IST
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...
07 Jan, 2016, 05.32 PM IST
Government approves conversion of MUDRA into bankCabinet approved conversion of MUDRA Ltd, into MUDRA Bank and also setting up of a Credit Guarantee Fund for loans disbursed under MUDRA Yo...
06 Jan, 2016, 04.05 PM IST
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.
06 Sep, 2015, 01.17 PM IST
MUDRA to provide loans of up to Rs 10 lakh to small businessesMUDRA has been registered as an NBFC with the RBI. Within a year, the government intends to come out with a legislation to convert the NBFC...
08 Apr, 2015, 04.16 PM IST
Finance Ministry reviews launch preparation of MUDRA Bank on April 8Financial Services Secretary Hasmukh Adhia, who reviewed the preparations, said the Prime Minister would also launch the 'Pradhan Mantri Mu...
31 Mar, 2015, 11.01 PM IST
Mudra Bank to help small enterprises access loans at cheaper rate: Kalraj MishraUnion Minister Kalraj Mishra today said Mudra Bank will help small enterprises access loans at cheaper rate.
25 Mar, 2015, 09.40 PM IST
Stakeholders' meet to discuss setting up Mudra Bank on March 25Based on the feedback received in the meeting on March 25, the govt will incorporate those suggestions in the draft Bill for setting up of ...
22 Mar, 2015, 12.56 PM IST
Mudra Bank to provide credit facilities to SC, STs"The Mudra Bank will refinance institution through a Pradhan Mantri Mudra Yojana. The lending priority will be given to SC/ST enterprises."
03 Mar, 2015, 11.19 PM IST