Mudra Loans

Prime Minister Narendra Modi on Friday said India is adopting fintech with "unmatched speed and scale" which is unparalleled in the world.

The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.

Banks and financial institutions have sanctioned Rs 23.2 lakh crore to over 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago.

One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them

Government is planning to sell small cooking gas cylinders weighing 5 kg through its vast network of fair price shops

Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.

A review of at least 10 Indian loan apps on Google Play store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers. Four apps including 10MinuteLoan, Ex-Money, and Extra Mudra have been taken down so far.

The Centre had announced ECLGS as part of Aatma Nirbhar Bharat Package to provide credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers.

The President in his address noted that tier-II and tier-III cities are emerging in a new role towards achieving the goal of a $5-trillion economy.

The Mudra Yojana was launched in 2015 for providing small loans to income generating small enterprises in manufacturing and services.

In his Budget speech on Friday, Interim Finance Minister Piyush Goyal said that "job seekers have now become job creators", referring to the Pradhan Mantri MUDRA Yojana launched in 2015, a scheme meant to promote lending to small businesses.

Budget 2019: Under the Mudra scheme, the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore, the minister said.

The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.

Citing disbursal of loans under the Pradhan Mantri Mudra Yojna (PMMY), Prime Minister Narendra Modi Thursday said "unprecedented" employment and entrepreneurial opportunities exist in the country today. PM Modi addressed the employees of Hari Krishna Exports, a prominent Suarat-based diamond processing-exporting firm, through video conference from ...

Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to Rs 10 lakh to non-corporate, non-farm small/ micro enterprises.

Prime Minister Narendra Modi on Friday said India is adopting fintech with "unmatched speed and scale" which is unparalleled in the world.

The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.

Banks and financial institutions have sanctioned Rs 23.2 lakh crore to over 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago.

One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them

Government is planning to sell small cooking gas cylinders weighing 5 kg through its vast network of fair price shops

Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.

A review of at least 10 Indian loan apps on Google Play store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers. Four apps including 10MinuteLoan, Ex-Money, and Extra Mudra have been taken down so far.

The Centre had announced ECLGS as part of Aatma Nirbhar Bharat Package to provide credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers.

The President in his address noted that tier-II and tier-III cities are emerging in a new role towards achieving the goal of a $5-trillion economy.

The Mudra Yojana was launched in 2015 for providing small loans to income generating small enterprises in manufacturing and services.

In his Budget speech on Friday, Interim Finance Minister Piyush Goyal said that "job seekers have now become job creators", referring to the Pradhan Mantri MUDRA Yojana launched in 2015, a scheme meant to promote lending to small businesses.

Budget 2019: Under the Mudra scheme, the government has sanctioned 15.56 lakh loans amounting Rs 7.23 lakh crore, the minister said.

The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.

Citing disbursal of loans under the Pradhan Mantri Mudra Yojna (PMMY), Prime Minister Narendra Modi Thursday said "unprecedented" employment and entrepreneurial opportunities exist in the country today. PM Modi addressed the employees of Hari Krishna Exports, a prominent Suarat-based diamond processing-exporting firm, through video conference from ...

Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to Rs 10 lakh to non-corporate, non-farm small/ micro enterprises.