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PMMY BENEFICIARIES
Around 50% of Mudra accounts belong to SC, ST and OBCs; boosting financial independence: SBI ReportThe Pradhan Mantri Mudra Yojana (PMMY) is driving financial independence among marginalized groups, with nearly 50% of its 52 crore account...
NITI Aayog calls for guidelines, E-KYC to check background of PMMY loan applicantsNITI Aayog has proposed guidelines for assessing creditworthiness and background verification for Pradhan Mantri Mudra Yojana (PMMY) loans,...
Catalysing the entrepreneurial spirit of IndiaThe target beneficiaries are one of the most ubiquitous, perhaps the most under-recognised, entrepreneurs of India. They are homemakers, ki...
Govt not planning to introduce bill to facilitate privatisation of banks in monsoon session: MinisterIn the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs (Public Sector Banks) in the ...
Over 34.42 cr beneficiaries get Rs 18.60 lakh cr loan under Mudra Yojana"It is noteworthy that more than 34.42 crore loan accounts amounting to Rs 18.60 lakh crore have been opened under the Scheme for the creat...
Banks sanction over Rs 15 lakh crore under Mudra YojanaAs of March 26, 2021, loans sanctioned by member lending institutions amounting to Rs 15.10 lakh crore to 28.81 crore beneficiary, the Depa...
Banks sanction Rs 15 lakh crore under Mudra Yojana in last 6 years"Financial needs of all stakeholders ranging from the budding entrepreneurs to the hard-working farmers has also been catered to through va...
Nearly 3 per cent of Mudra loans turn into bad loans: GovernmentLoans are classified as MUDRA under the PMMY. The loans are given under three categories of Shishu, Kishore and Tarun to signify the stage ...
Banks have given Rs 6 lakh crore Mudra loans to 12 crore beneficiaries: PM Narendra ModiPradhan Mantri Mudra Yojana (PMMY) was launched by the Prime Minister on April 8, 2015, for providing loans of up to Rs 10 lakh to the non-...
Labour Ministry looks to add self-employed to job dataThere is a proposal to include self-employed people under PMMY. That would give government’s job-creation credentials a boost ahead of the ...
Narendra Modi's MUDRA Yojana generates 5.5 crore jobs, says reportIndustrialised states like Karnataka, Tamil Nadu and Maharashtra have been the biggest beneficiaries of the PMMY, said the report.
Banks to disburse Rs 1.80 lakh crore loans under Pradhan Mantri Mudra Yojana in FY'17Major improvements are also in the offing for Micro Units Development and Refinance Agency Ltd (Mudra) Yojana including providing of techni...
Pradhan Mantri Mudra Yojna: Loans worth Rs 15.90 crore sanctioned in GurgaonLoans worth Rs 15.90 crore were sanctioned to 3,239 beneficiaries here today under the Pradhan Mantri Mudra Yojna (PMMY).
PSU banks to kick off mega push today for Pradhan Mantri Mudra YojanaState-run banks will kick off mega credit campaigns across the country to give a push to the Pradhan Mantri Mudra Yojana (PMMY).
Pradhan Mantri Mudra Yojana: PSBs to organise mega credit campaigns across countryPublic sector banks will organise mega credit campaigns across the country to give a push to the Pradhan Mantri Mudra Yojana.
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.
Government fixes Rs 1.22 lakh crore loan disbursement target under Pradhan Mantri MUDRA YojanaBanks have been allocated an overall disbursement target of Rs 1,22,188 cr during 2015-16 for MUDRA loans and the banks have already disbur...