TNPSC Thervupettagam

Rising bad number of Mudra Loans

November 28 , 2019 1833 days 949 0
  • The Reserve Bank of India has expressed concern over rising bad loans from Pradhan Mantri MUDRA Yojana (PMMY).
  • This scheme was started in April 2015.
  • It offers faster credit to small businesses, with ticket sizes starting from 50,000 and going up to 10 lakh.

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