mudra scheme Archives - Free Open Book

Everything you should know about MUDRA Loan and its benefits

Published on: August 17, 2020 by Lija Parveen

The MUDRA Loan, offered under the aegis of the Pradhan Mantri MUDRA Yojana (PMMY) can be considered one of the most significant financial offering by the government, which has allowed numerous MSMEs to access easy funding for their businesses. More 6.2 crore loans sanctioned in the FY2019-20. As of December 2019, total loans amounting to … Read more

How MUDRA Loan has Contributed to the Indian Economy: Benefits to Know

Updated on: March 11, 2020 by Lija Parveen

MUDRA scheme was an initiative by the Indian Government to aid MSMEs, both with their establishment as well as their upgrade. With many different slabs of credit being offered under this scheme, users have the option to choose the exact amount of financing they require. Launched more than half a decade ago, MUDRA loan has … Read more