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Mudra loans worth Rs 36,578 cr sanctioned to 5.4 mn borrowers in April-May

A total of Rs 19.22 trillion loans have been sanctioned to 353 million borrowers under the scheme in seven years since inception

Mudra, loans, banks, employment, jobs
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Nikunj Ohri New Delhi
About Rs 36,578 crore loans were sanctioned to 5.4 million borrowers under the PM Mudra Yojana (PMMY) in the first two months of the financial year. Of this, Rs 35,598 crore was disbursed to borrowers of all three categories-Shishu, Kishore and Tarun.

 Even as the quarterly data of loans sanctioned under the scheme is not available, in April-July 2021, the banks had reportedly sanctioned about Rs 44,126 crore, of which Rs 38,668 crore was disbursed.

A total of Rs 19.22 trillion loans have been sanctioned to 353 million borrowers under the Mudra scheme in seven year since its inception. PM Mudra Yojana

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First Published: May 31 2022 | 4:44 PM IST

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