Over 6.23 core loans sanctioned under Pradhan Mantri MUDRA Yojana in FY 2022-23

Over 6.23 core loans sanctioned under Pradhan Mantri MUDRA Yojana in FY 2022-23: Over 6 core 23 lakh loans were sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) in Financial Year 2022-23. The objective of PMMY is to offer access to institutional finance to new or existing micro units or enterprises up to 10 lakh rupees.

Daily Current Affairs Quiz: August 2023

He added that the complaints with regard to the implementation of PMMY are redressed in consultation with the respective Banks. The complaints received at the Centralised Public Grievance Redress and Monitoring System are also being taken up with respective Banks for redressal within the prescribed timeline.

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