Banking service chronicle

Banking service chronicle

Banking service chronicle published this article page no 6 the pradhan mantri mudra yojana was launched on 8 april 2015 by prime minister narendra modi to facilitate easy collateral-free micro-credit of up to ten lakh rupees to non-corporate non-farm small and micro-entrepreneurs for income-generating activities. pradhan mantri mudra yojana has sanctioned more than 40 crore 82 lakh loans amounting to over 23 lakh crore rupees. 21% of the total loans have been sanctioned to new entrepreneurs. about 68% of accounts under the scheme belong to women entrepreneurs and 51% of accounts belong to entrepreneurs of sc st and obc categories Banking service chronicle magazine subscription.

Banking service chronicle