Mudra

Online Mudra loan application process: Pradhan Mantri Mudra Yojana (PMMY) is among the self-employment and entrepreneurship promotion schemes of the government launched by Prime Minister Narendra Modi back in 2015. The scheme targets micro…

About 68% of accounts under the Mudra Yojana scheme belong to women entrepreneurs, and 51% of accounts belong to entrepreneurs of SC/ST and OBC categories (Representational image only.) Banks and financial institutions have sanctioned…

Banks have extended loans of Rs 18.6 trillion to about 34.4 crore beneficiaries so far under the Pradhan Mantri Mudra Yojana (PMMY), which completes seven years on Friday, finance minister Nirmala Sitharaman has said. Under the scheme,…

DDB Mudra Group has appointed Anand Murty and Mehak Jaini as the strategy chiefs of DDB Mudra and 22feet Tribal Worldwide, respectively. The appointment is in line with the group’s promise of a cohesive view across advertising, digital…

UFBU’s Convener B. Rambabu said the organisation calls for a 2-day all India bank strike on December 16 and 17 protesting against Banking Laws (Amendment) Bill 2021. Public sector banks have lost nearly ₹2.85 lakh crore on account of…

MSME loans restructured by the public sector banks (PSBs) had increased 2.1X from 6,19,562 accounts involving Rs 22,650 crore as of January 31, 2020, to 13.06 lakh accounts involving Rs 55,333 crore as of June 26, 2021. (Image:…