While small businesses appear to be benefiting from the Mudra scheme, the absence of a transaction history acts as a major impediment for new borrowers
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Tag: Pradhan Mantri Mudra Yojana (PMMY)
MUDRA loan disbursals take a hit due to demonetisation
Loan disbursals by Micro Units Development and Refinance Agency (MUDRA) slowed down in the third quarter of current financial year following the demonetisation of high-value currencies, an official said. “We have disbursed Rs 80,000 crore (from April 1 to December 31, 2016). There have been…