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PMMY crosses target of Rs 1.8 lakh crore for 2016-17

PMMY crosses target of Rs 1.8 lakh crore for 2016-17

Thursday, April 13, 2017, 6:26 PM

Loans extended under the Pradhan Mantri Mudra Yojana (PMMY) during 2016-17 have crossed the target of Rs 1,80,000 crore for 2016-17. Sanctions currently stand at Rs 1,80,087 crore with final data still awaited from some of the smaller non-banking lenders. Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.
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