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MUDRA loan News

23 Jul 2024

Budget 2024: Mudra Loan Limit Hiked To Rs 20 Lakh From Rs 10 Lakh

The Pradhan Mantri MUDRA Yojana (PMMY) scheme was launched by the Modi government in April 2015 to provide loans up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises.

Finance Ministry

30 Jan 2023

Get Loan of Rs 1 Lakh Under Mudra Scheme by Paying Rs 1,750? Here's the Truth

PIB has tweeted that an approval letter that claims to grant a loan of Rs 1,00,000 under the PM Mudra Loan Yojna on payment of Rs 1,750 is FAKE.

21 Dec 2022

Invest 1.98L on this biz, earn turnover of Rs 29L --Check loan, yearly income

You can start the business of tomato sauce making at a total cost of Rs 7.82 lakh. However, you will only have to invest Rs 1.95 lakh from your pocket and the rest of the money will be provided under the Mudra loan scheme.

04 Nov 2022

Want to start your own business? Modi govt giving upto Rs 10 lakh loan

The Pradhan Mantri MUDRA Yojana (PMMY) scheme was launched by the Modi government in April 2015 to provide loans up to Rs 10 lakh to the non-corporate, non-farm small/micro enterprises.

01 Nov 2021

PM Mudra Loan: Get Rs 6 lakh by depositing Rs 1,999? Know the truth

Pradhan Mantri Mudra Loan given. Loan upto Rs 6 lakh available for payment of Rs 1,999. Know the truth behind this viral post.

11 Jan 2021

Mudra loan: Have any grievance? Know where and how to register your complaints

Mudra loan provided for a variety of purposes. These loans result in income generation and employment creation. PMMY loans are extended by Member Lending Institutions.

13 Nov 2020

Get loan upto Rs 10 lakh for your business, avail benefits from govt scheme

Mudra loan provided for a variety of purposes. These loans result in income generation and employment creation. PMMY loans are extended by Member Lending Institutions.

24 Jun 2020

2% interest subvention approved on prompt repayment of Shishu Loan under Mudra

Under PMMY, loans for income generating activities up to Rs 50,000 are termed as Shishu loans.

04 May 2020

Want to start your own business at under Rs 3 lakh? Choose from these 5 biz

Mudra loan is extended for a variety of purposes which result in income generation and employment creation.

16 Jul 2019

Mudra loans amounting to Rs 17,651 crore turned into NPAs

Reasons for NPAs for loans extended under PMMY are, inter-alia, first time borrowers under Shishu category prioritising emergent needs, business failures, inefficiencies in lending practices, poor credit appraisal, wilful default by borrowers, impaired cash flows of the units due to slowdown in business etc.

Pradhan Mantri MUDRA Yojana

08 Sep 2017

MUDRA Yojana generates 5.5 crore jobs, says report

The MUDRA scheme was launched by Prime Minister Narendra Modi on April 8, 2015 with an objective to fund the unfunded.

19 Jul 2016

Banks likely to disburse Rs 1.8 lakh cr under MUDRA in FY17

Banks are expected to disburse Rs 1.80 lakh crore as loan under Micro Units Development and Refinance Agency Yojna during the current fiscal, MUDRA CEO Jiji Mammen said on Tuesday.

07 Feb 2016

Rs 1 lakh crore loan disbursed under MUDRA Yojana: PM Modi

Loans worth about Rs 1 lakh crore have been sanctioned to small entrepreneurs under the Pradhan Mantri MUDRA Yojana, Prime Minister Narendra Modi said today, emphasising that the government wants youth to be job creators and not job seekers.

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