{"id":86046,"date":"2019-06-24T16:10:43","date_gmt":"2019-06-24T10:40:43","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=6173"},"modified":"2019-06-24T16:10:43","modified_gmt":"2019-06-24T10:40:43","slug":"mudra-bad-loans-rise-in-fy19-even-as-npas-decline-across-banking-system","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/mudra-bad-loans-rise-in-fy19-even-as-npas-decline-across-banking-system\/","title":{"rendered":"MUDRA bad loans rise in FY19, even as NPAs decline across banking system"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The government\u2019s MUDRA scheme to finance small and micro borrowers has witnessed an increase in bad loans at a time when the system-wide non-performing assets(NPAs) have started showing signs of a decline.<\/li><li>NPA is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.<\/li><li>The NPAs under MUDRA or Micro Units Development and Refinance Agency Ltd has increased by 68.7% to Rs 16,480 crore for the financial year ended March 2019 from Rs 9,769 crore a year-ago.<\/li><li>However,NPA\u2019s under the MUDRA scheme are much lower than the total system-wide NPAs.The banking sector\u2019s gross NPAs declined to 9.3% in March 2019 which is much faster than the Reserve Bank of India\u2019s estimate.<\/li><li>Pradhan Mantri MUDRA Yojana (PMMY) was launched in 2015.It seeks to extend affordable credit to micro and small enterprises.Loans up to Rs.10 lakh are extended to non-corporate, non-farm enterprises.These loans are classified as MUDRA loans.<\/li><li>Loans under Mudra are given under different categories viz. \u2018Shishu\u2019, \u2018Kishor\u2019 and \u2018Tarun\u2019.These categories are based on the stage of growth or development and funding needs of the beneficiary.<\/li><li>Sishu covers loans up to Rs. 50,000.Kishore covers loans above Rs. 50,000- and up to 5 lakh.Tarun covers loans above Rs. 5 lakh and up to Rs.10 lakh.<\/li><\/ol>\n<div style=\"overflow:hidden;height:1px;\"><p>Cisco 200-601 Doc<\/p>\n<p>I thought Cisco 200-601 Doc he would go to persuade those Managing Industrial Networking for Manufacturing with Cisco Technologies crying girls not to cry. 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NPA is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. The NPAs&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/mudra-bad-loans-rise-in-fy19-even-as-npas-decline-across-banking-system\/\">Continue reading <span class=\"screen-reader-text\">MUDRA bad loans rise in FY19, even as NPAs decline across banking system<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3580,528],"class_list":["post-86046","post","type-post","status-publish","format-standard","hentry","category-economy","tag-mudra","tag-npa","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704816701},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86046"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86046\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}