Value of sanctioned loans under PMMY scheme India FY 2022, by financial institution
In financial year 2022, almost 1.24 trillion Indian rupees were sanctioned by public sector banks including regional rural banks under the Pradhan Mantri Mudra Yojana (PMMY) scheme. This was a higher amount than during the previous year.
PMMY was initiated in 2015 and provides loans up to one million Indian rupees to small and micro enterprises (MSE). Different kinds of banks are involved in providing these loans.
PMMY was initiated in 2015 and provides loans up to one million Indian rupees to small and micro enterprises (MSE). Different kinds of banks are involved in providing these loans.
