MUDRA Scheme

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....UDRA Scheme <br>News and Press Release<br>Dated:- 27-2-2016<br><BR>Loans are extended under the Pradhan Mantri Mudra Yojana (PMMY), Scheme by banks and Micro Finance Institutions (MFIs) in three categ....

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....ories: Shishu (loans upto &#8377; 50,000); Kishore (loans from &#8377; 50002 to &#8377; 5 lakh); Tarun (loans from &#8377; 5 lakh to &#8377; 10 lakh) Till 12th February, 2016, the loans extended a....

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....re as follows: Category No. of borrowers Shishu 2,50,54,052 Kishore 16,53,010 Tarun 2,93,566 Total 2,70,00628 The PMMY is a demand driven scheme, and all loans proposals are considered on c....

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....ommercial merits. Out of the total disbursement of &#8377; 99, 467 crore as on 12th February, 2016, &#8377; 21,119 crore is under Tarun Sector. This constitutes 21.23% of the total portfolio. This wa....

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....s stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha<BR> News - Press release - PIB....