Mudra Loans News

Industry

RBI concerned about growing stress in Mudra loans, says deputy governor Jain

Jain said banks need to focus on repayment capacity at the appraisal stageData showed that NPA ratio or bad loans as a percentage of MUDRA loans were at 2.68% in 2018-19

2 min read26 Nov 2019
Industry

Banks need to lend ₹1 lakh crore to meet MUDRA target for FY19

MUDRA loans are for non-agricultural activities up to ₹10 lakh and activities allied to agriculture In 2017-18, the lending at ₹2,46,437.40 crore had exceeded the target

1 min read3 Mar 2019
Industry

NBFC Mudra loans grew faster than banks in FY18

NBFCs record fivefold growth in loan sanctions in fiscal 2018 from the previous year

2 min read22 Nov 2018
Industry

Mudra loans disbursed to over 50 lakh people in 2 years in Maharashtra

Maharashtra Finance Minister Sudhir Mungantiwar has said that over 50 lakh people have received loans under the Mudra scheme in the last two years in the state

1 min read12 Jan 2018
Politics

Women don’t need to change name in passport after marriage: Narendra Modi

Narendra Modi made the announcement that women can retain their maiden names in passports before a gathering of the Indian Merchants Chambers' ladies wing

1 min read13 Apr 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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