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 was launched in April 2015, under which banks and non-banking financial companies provide credit up to Rs 10 lakh for entrepreneurial activities to…