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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