Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana News

MUDRA bad loans rise in FY19, even as NPAs decline across banking system

MUDRA NPAs work out to 5.28 per cent of the total disbursements of Rs 311,811 crore as of March 2019, when compared to 3.96 per cent of total disbursements of Rs 246,437 crore in the previous year, as per MUDRA’s figures.

In three months, bad loans under MUDRA in Gujarat rises by 34 per cent

According to the latest report published by the State Level Bankers’ Committee (SLBC) in Gujarat, in just three months — between December 2018 and March 2019 — the NPAs under the central government loan scheme for promoting small and micro enterprises crossed Rs 516 crore in in 99,541 “stressed” accounts.

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Banks disburse record Mudra loans in March to meet govt’s FY19 target

The sharp surge in Mudra loans, meant for micro and small entrepreneurs, comes in the backdrop of ongoing general elections. Government sources said banks typically step up lending under the scheme towards the end of the year.

PM Modi Mudra Yojana highlights: Rs 6 lakh crore loaned to 12 crore beneficiaries, says PM

PM Modi speaks to Mudra Yojana beneficiaries: During the interaction, which began at 9.30 am, the Prime Minister said the scheme has helped empower people, create jobs and remove the middleman.

PM Modi tweets on three years of Pradhan Mantri Mudra Yojana, all you need to know about the scheme

The prime minister invited entrepreneurs and businessmen to share their success stories on social media. He said, "Dear friends on social media, do share with me success stories of Mudra Yojana that you know about."

Forces hit due to end in corruption trying to spoil country's atmosphere: Mukhtar Abbas Naqvi

"We are proud to say that the country has got such a Prime Minister who works day and night for the development of the country and the welfare of people and poor," Naqvi said.

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Pradhan Mantri Mudra Yojana: PM Modi says Rs 50,000 crore loans offered so far

PM Modi said: A Dalit entrepreneur knows what it is like to go through the rigours in the world, unlike those who got businesses and fortunes as inheritance.

Banks to push Suraksha Bandhan Yojana from Raksha Bandhan

Shirole said the basic aim was to reach out to as many people as possible and apprise them of the schemes.

MUDRA Bank to be launched on April 8

The meeting was attended by representatives of micro-finance institutions, NBFCs, banks, NABARD, SIDBI and RBI.

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