Mudra loan given by Punjab & Sind Bank generates 10 lakh jobs at grassroot level: MDPunjab & Sind Bank's Mudra loans have generated 10 lakh jobs in the last decade, according to MD Swarup Kumar Saha. The bank disbursed ₹12,...
10 Apr, 2025, 02.56 PM IST
Lenders add nearly 25,000 beneficiaries under Tarun Plus category of Mudra YojanaLenders have added about 25,000 beneficiaries under the Tarun Plus category of PM Mudra Yojana in FY25, providing enhanced loans up to Rs 2...
07 Apr, 2025, 06.28 PM IST
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...
03 Apr, 2025, 08.58 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
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,...
16 Aug, 2024, 03.52 PM IST
Financial inclusion push: Rs 23 lakh cr PMMY loans OKed in eight yearsBanks and other financial institutions have granted loans worth ₹23.2 lakh crore to over 408.2 million beneficiaries of the Pradhan Mantri ...
09 Apr, 2023, 06.57 AM IST
Mudra loan target not met in FY21The national level target under PMMY have been consistently met since inception of the scheme. However, in FY21, an amount of ₹3.22 lakh cr...
08 Feb, 2022, 11.50 PM IST
Govt wants lenders to step up focus on Mudra loans“We are also considering extending the interest subvention of 2% on prompt repayment of Shishu loans sanctioned under the Pradhan Mantri Mu...
24 May, 2021, 09.23 AM IST
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...
07 Apr, 2021, 02.44 PM IST
Over 10 lakh cr loans sanctioned under MUDRA Yojana"Under the Pradhan Mantri Mudra Yojana (PMMY), 20.84 crore loan accounts totalling an amount of Rs 10.24 lac crore have been sanctioned up ...
09 Dec, 2019, 05.27 PM IST
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 ...
03 Dec, 2019, 04.12 PM IST
NPA under Mudra Yojana stands at Rs 7,277 croreLoans under PMMY can be covered under Credit Guarantee Fund for Micro Units (CGFMU), Minister of State for Finance Shiv Pratap Shukla said.
12 Feb, 2019, 10.33 PM IST
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...
22 Jun, 2016, 06.39 PM IST
Mudra Yojana has not grown the way I wanted: Narendra ModiModi said that the pace of enrolment for the Pradhan Mantri MUDRA Yojana (PMMY) to help small entrepreneurs had not picked up the way he ex...
30 Nov, 2015, 03.07 PM IST
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).
29 Sep, 2015, 10.38 PM IST
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.
25 Sep, 2015, 03.36 AM IST
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...
25 Aug, 2015, 03.08 PM IST