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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Banks Sanction Rs 23 Lakh Crore To 41 Crore Beneficiaries Under PM Mudra Yojana
Banks and financial institutions have sanctioned Rs 23.2 lakh crore to over 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago.
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Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre
Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.
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Reserve Bank of India Forms Group to Evaluate Digital Lending
The Reserve Bank of India formed a working group to look at digital lending in the country, including lending through online platforms and mobile applications, it said in a statement.
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RBI Cautions Government Over Spike In Bad Loans Under Mudra Scheme: Report
The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.
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Mudra Loans: Interest Rates, Eligibility, Credit Cards And More
Mudra loan offerings are made to refinance for micro units to commercial banks, NBFCs, regional rural banks and cooperative banks and micro finance institutions (MFIs).
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Capital Infusion Of PSU Banks Is A 'Big Bang' Reform: SBI Report
As PSBs have 70 per cent market share in banking, capital infusion will help gear-up lending to MUDRA scheme, which has the highest employment opportunities, says SBI Research
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Minister VK Singh's Reason Why Indians Do Well Abroad
The people who go abroad do well due to low interest rates on loans which help them to take forward their ideas and opportunities, Minister of State for External Affairs VK Singh said today.
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Banks Provide Rs 1.80 Lakh Crore Under Mudra Scheme, Exceed FY17 Target
Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.
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Institutions Can Play Key Role In Financial Inclusion Programmes: Arun Jaitley
Major beneficiaries under the MUDRA scheme were women and those from weaker sections of society, the finance minister said.
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Banks Likely To Disburse Rs 1.8 Lakh Crore Under MUDRA In FY17
Banks are expected to disburse Rs 1.80 lakh crore as loan under Micro Units Development and Refinance Agency Yojna during the current fiscal, MUDRA CEO Jiji Mammen said on Tuesday.
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Under NDA Government, PM Talks Of 'Richness Of India's Poor'
Prime Minister Narendra Modi today said that the richness of the India's poor lied in their attitude of paying back the loans they had availed from banks under the 'Pradham Mantri Mudra Yojana'.
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Arun Jaitley To Meet Heads Of PSU Banks On June 6
Mr Jaitley will review the progress made with regard to Micro Units Development & Refinance Agency (MUDRA) and Stand Up India programme, sources said.
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Banks Disburse Over Rs 1.15 Lakh Crore Under PM Mudra Yojana
Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana (PMMY), Financial Services Secretary Anjuly Chib Duggal said on Tuesday.
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Mudra Bank Refinances Rs 1,500 Crore to Micro Units
Mudra Bank, which has been set up to provide credit to micro units, has so far refinanced Rs 1,500 crore under the Pradhan Mantri Mudra Yojana.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Banks Sanction Rs 23 Lakh Crore To 41 Crore Beneficiaries Under PM Mudra Yojana
Banks and financial institutions have sanctioned Rs 23.2 lakh crore to over 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago.
-
Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre
Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.
-
Reserve Bank of India Forms Group to Evaluate Digital Lending
The Reserve Bank of India formed a working group to look at digital lending in the country, including lending through online platforms and mobile applications, it said in a statement.
-
RBI Cautions Government Over Spike In Bad Loans Under Mudra Scheme: Report
The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.
-
Mudra Loans: Interest Rates, Eligibility, Credit Cards And More
Mudra loan offerings are made to refinance for micro units to commercial banks, NBFCs, regional rural banks and cooperative banks and micro finance institutions (MFIs).
-
Capital Infusion Of PSU Banks Is A 'Big Bang' Reform: SBI Report
As PSBs have 70 per cent market share in banking, capital infusion will help gear-up lending to MUDRA scheme, which has the highest employment opportunities, says SBI Research
-
Minister VK Singh's Reason Why Indians Do Well Abroad
The people who go abroad do well due to low interest rates on loans which help them to take forward their ideas and opportunities, Minister of State for External Affairs VK Singh said today.
-
Banks Provide Rs 1.80 Lakh Crore Under Mudra Scheme, Exceed FY17 Target
Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.
-
Institutions Can Play Key Role In Financial Inclusion Programmes: Arun Jaitley
Major beneficiaries under the MUDRA scheme were women and those from weaker sections of society, the finance minister said.
-
Banks Likely To Disburse Rs 1.8 Lakh Crore Under MUDRA In FY17
Banks are expected to disburse Rs 1.80 lakh crore as loan under Micro Units Development and Refinance Agency Yojna during the current fiscal, MUDRA CEO Jiji Mammen said on Tuesday.
-
Under NDA Government, PM Talks Of 'Richness Of India's Poor'
Prime Minister Narendra Modi today said that the richness of the India's poor lied in their attitude of paying back the loans they had availed from banks under the 'Pradham Mantri Mudra Yojana'.
-
Arun Jaitley To Meet Heads Of PSU Banks On June 6
Mr Jaitley will review the progress made with regard to Micro Units Development & Refinance Agency (MUDRA) and Stand Up India programme, sources said.
-
Banks Disburse Over Rs 1.15 Lakh Crore Under PM Mudra Yojana
Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana (PMMY), Financial Services Secretary Anjuly Chib Duggal said on Tuesday.
-
Mudra Bank Refinances Rs 1,500 Crore to Micro Units
Mudra Bank, which has been set up to provide credit to micro units, has so far refinanced Rs 1,500 crore under the Pradhan Mantri Mudra Yojana.
