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Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

9 crore people given loans of Rs 4 lakh cr under Mudra scheme

Under the scheme 80 per cent are women and 55 per cent from OBC, SC and ST categories.

13 Oct 2017 12:27 PM

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

MUDRA Yojana generates 5.5 crore jobs, says report

So far Rs 3.42 lakh crore loan has been disbursed to over 8 crore people under the scheme.

9 Sept 2017 7:52 AM

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Banks fear Mudra loans sans collateral may become NPAs

The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.

12 July 2018 3:33 AM

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Finance ministry for caution on Mudra loans without stifling credit

Mudra loans NPAs at best could be under 3.5 per cent of total outstandings of Rs 2. 4 lakh crore of the PSBs in fiscal...

15 Jan 2019 5:25 AM

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

NPA under Mudra Yojana stands at Rs 7,277 crore

Almost 73 per cent of the loans under PMMY have been extended to women borrowers.

13 Feb 2019 4:50 AM

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Over 15 cr Mudra loans sanctioned till January 25: Employment Minister

Under PMMY collateral free loans up to Rs 10 lakh are extended to MSME to set up or expand their business activities.

7 Feb 2019 5:30 AM

The total value of the freezed assets is Rs 56.21 crore.

2,313 frauds reported in Mudra loan accounts

Since the beginning of the scheme, over 19 crore loans have been extended under PMMY as on June 21, 2019.

1 July 2019 10:48 AM

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Fin Min ties up with e-commerce firms to give loans under PMMY

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

23 May 2018 2:26 PM

Prime Minister Narendra Modi

Banks have given Rs 6 lakh cr Mudra loans to 12 cr beneficiaries: PM

Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs.

29 May 2018 4:51 AM

MSME Minister Kalraj Mishra. (Photo: PTI)

Things normalising for MSMEs after note ban: Mishra

Under the scheme, loans ranging from Rs 50,000 to Rs 10 lakh are provided to small entrepreneurs.

31 Dec 2016 12:35 PM