Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana (PMMY) sanctioned more than 408.2 million loans amounting to Rs 23.2 trillion till March 24, 2023, said the finance ministry on its 8th anniversary on Saturday. PMMY aims to facilitate easy collateral-free…

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,…

Further, Bhagwat K Karad also said, “In a bid to foster blockchain technology for providing various financial services, banks have put in place IBBIC.” The government on Tuesday said there is no proposal as of now to merge public…