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Disbursal of Mudra loans hits the slow lane in FY21 - The Hindu BusinessLine


Disbursal of Mudra loans hits the slow lane in FY21
Hyderabad |
Updated on
G Naga Sridhar
The disbursal of small business loans under Pradhan Mantri Mudra Yojana (PMMY) has been trailing so far in the current fiscal.
The disbursal of Mudra loans stood at ₹1,21,356 crore as on December 11, 2020, compared to about ₹1.51-lakh crore in the same period last year.
Covid impact
While the going appears slow for the small business loan scheme of the government compared to last year, bankers actually see it in positive light. “One has to factor in the impact of Covid-19 pandemic. Despite constraints like lockdown and difficulty in reaching out to people, the difference between last year and this year’s disbursal amount is not so huge,” said a senior official with State Bank of India. ....

G Naga Sridhar , Pradhan Mantri Mudra Yojana , Punjab National Bank , State Bank , க் நாகா ஸ்ரீதர் , ப்ர்யாட்ஹந் மந்திரி முத்ரா யோஜனா , பஞ்சாப் தேசிய வங்கி , நிலை வங்கி ,