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MUDRA SCHEME ACHIEVEMENTS
Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
FM Nirmala Sitharaman targets Rahul Gandhi, says India's growth story belies Opposition's doom predictionsResponding to Rahul Gandhi's criticisms, Finance Minister Nirmala Sitharaman confidently proclaimed India as the fastest-growing major econ...
'Nari shakti' is the strongest pillar of Viksit Bharat: PM Modi in VaranasiPrime Minister Narendra Modi on Monday said that his government's policies have consistently accorded the highest priority to women's welfa...
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...
ET Exclusive | MUDRA NPA rate among world's lowest for segment: PM ModiLaunched in 2015, the Pradhan Mantri MUDRA Yojana (PMMY) aimed to provide financial assistance to micro, small, and medium enterprises, fos...
Bring more people into fold of financial inclusion schemes: Fin Services Secy Nagaraju to banks' execsFinancial Services Secretary M Nagaraju urged public and private sector banks to increase their efforts in implementing financial inclusion...
PSU banks set target for selling flagship government insurance schemes in FY24Public sector banks (PSBs) in India have set a target to sell flagship government insurance schemes, including Pradhan Mantri Jeevan Jyoti ...
Banks sanction Rs 23.2 lakh crore to about 41 crore beneficiaries under Mudra YojanaLoans under PMMY are provided by Member Lending Institutions (MLIs) -- banks, non-banking financial companies (NBFCs), microfinance institu...
Finance ministry to meet heads of public sector banks on Thursday; to review progress of various schemesThe meeting with managing director and CEOs of public sector banks is scheduled to be held on January 19 and largely for reviewing the sche...
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.
Finance ministry looking at suggestions to raise upper age limit for APY: Rajiv KumarAPY is guaranteed pension scheme announced by the government on May 9, 2015.
Schemes like MUDRA are indictment of banking sector across India: J&K Fin Min Haseeb DrabuDrabu said was an indictment of banking sector and financial institutions for which Prime Minister had to intervene by introducing these so...
Textiles Ministry aims MUDRA loans to 5 lakh weavers in next 3 yearsThe Textiles Ministry today said it has set a target of extending MUDRA loans to five lakh handloom weavers in the next three years.
Cabinet approves ‘Stand Up India’ scheme, credit guarantee fund for Mudra Yojana to be createdThe cabinet also approved conversion of MUDRA Ltd, a non-banking financial company, into MUDRA Small Industries Development Bank of India (...
Mudra Bank may miss loans target amid weak demandIn the first six months MUDRA has sanctioned Rs 1000 crore under the refinancing scheme and tied up additional Rs 600 crore with a few bank...
Indian Overseas Bank launches Rupay MUDRA Debit CardIndian Overseas Bank has launched Rupay MUDRA Debit Card under the Pradhan Mantri MUDRA Yojna, targeting the micro, small and medium enterp...
Loans to small businesses may double to Rs 1 lakh crore: FM Arun JaitleyJaitley also discussed the progress and development MUDRA Bank and the Pradhan Mantri Mudra Yojana (PMMY) operationalised to help unfunded ...