Govt doubles loan limit under Mudra Yojana to ₹20 lakh
The new category of Tarun Plus is for loans above ₹10 lakh and up to ₹20 lakh.
The new category of Tarun Plus is for loans above ₹10 lakh and up to ₹20 lakh.
Under the MUDRA loan scheme, banks and financial institutions have sanctioned over 40.82 crore loans amounting to ₹23.2 lakh crore.
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
The report says the “beginning of the decline in jobs” coincided with the Modi government’s demonetisation move in November 2016, although “no direct causal relationship can be established”.