MUDRA loan woes

MUDRA loan

the RBI cautioned that the Pradhan Mantri Mudra Yojana, dubbed as the biggest employment creator and having generated 11,000 crore NPAs, could upset the credit market severely. There isn’t enough information on MUDRA processes. There is also a persistent insistence on collateral, despite non-collateralised lending being backed by counter-guarantee.

The information on mudra.org.in reveals that at the end of March 2019.

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