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Mega Credit Campaigns are being Conducted all over the Country by Public Sector Banks (PSBs) from 25th September to 2nd October 2015 to not only Generate Greater credit to Micro Enterprises under the Pradhan Mantri Mudra Yojana (PMMY)

Dated:- 25-9-2015 - but also create a sound eco System Subsequently for bank Credit to Aspiring Entrepreneurs; 35.60 lakh Borrowers have Availed of Credit under Mudra to the tune of ₹ 24,123 crore up to 22nd September 2015 during the Current Financial year 2015-1;. of these, 52% Beneficiaries are Women and about 50% new Enterprises. Mega credit campaigns are being conducted all over the country by Public Sector Banks (PSBs) from 25th September to 2nd October 2015 in order to not only gener .....

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Member of Parliament, Ms Anjuli Chib Duggal, Secretary, Department of Financial Services and Ms Usha Anathasubramanian, MD, Punjab National Bank would also be attending the aforesaid event. Micro entrepreneurs, very small traders, fruit sellers, and mechanics etc. would be actively participating in the said campaign. Beside Mega credit Campaigns, public awareness is continuing to be generated through the print media, radio jingles and use of banners and posters so that prospective micro entrepre .....

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women and about 50% new enterprises. All Public Sector Banks, Regional Rural Banks and Private sector banks have a target of ₹ 1, 22,000 crore during the current financial year for disbursement to small and micro enterprises up to ₹ 10 lakhs. As per extant guidelines, such loans do not need to be supported by collateral security. There are about 5.77 crore small business units in the country in the informal sector which is targeted for benefit under the PMMY, apart from new aspiring .....

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