{"id":86369,"date":"2019-11-27T17:05:39","date_gmt":"2019-11-27T11:35:39","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=11947"},"modified":"2019-11-27T17:05:39","modified_gmt":"2019-11-27T11:35:39","slug":"reserve-bank-flags-rising-bad-assets-from-mudra-loans","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/reserve-bank-flags-rising-bad-assets-from-mudra-loans\/","title":{"rendered":"Reserve Bank flags rising bad assets from Mudra loans"},"content":{"rendered":"\n<p><strong>News:<\/strong>The Reserve Bank of India (RBI) has expressed concern over rising bad loans from Pradhan Mantri MUDRA Yo\u00adjana(PMMY).<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About Rising Bad loans in MUDRA Yojana:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The RBI Deputy Governor said that MUDRA was launched with the objective of lifting many beneficiaries out of poverty.<\/li><li>However,there have been concerns at the growing level of non-performing assets(NPAs) among these MUDRA borrowers.<\/li><li>The data has shown that non-performing assets ratio or bad loans as a percentage of MUDRA loans were at 2.68% in 2018-19 from 2.52% in the 2017-18.<\/li><li>Hence, the RBI has asked the Banks to focus on repayment capacity at the appraisal stage and monitor the loans through the life cycle much more closely.<\/li><\/ul>\n\n\n\n<p><strong>Additional information:<\/strong><br><\/p>\n\n\n\n<p><strong>About Pradhan Mantri MUDRA Yo\u00adjana(PMMY):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Prime Minister in 2015.<\/li><li>It aims for providing loans up to 10 lakh to the non-corporate, non-farm small\/micro enterprises.&nbsp;<\/li><li>These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs.<\/li><\/ul>\n\n\n\n<p><strong>Categories of Loans:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The 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 and Tarun covers loans above Rs. 5 lakh and up to Rs.10 lakh.<\/li><\/ul>\n\n\n\n<p><strong>About Non Performing Asset(NPA):<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A non performing asset (NPA) is a loan or advance for which the principal or interest payment remains overdue for a period of 90 days.&nbsp;<\/li><li>The banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News:The Reserve Bank of India (RBI) has expressed concern over rising bad loans from Pradhan Mantri MUDRA Yo\u00adjana(PMMY). Facts: About Rising Bad loans in MUDRA Yojana: The RBI Deputy Governor said that MUDRA was launched with the objective of lifting many beneficiaries out of poverty. However,there have been concerns at the growing level of non-performing&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/reserve-bank-flags-rising-bad-assets-from-mudra-loans\/\">Continue reading <span class=\"screen-reader-text\">Reserve Bank flags rising bad assets from Mudra loans<\/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":[3165,528,394],"class_list":["post-86369","post","type-post","status-publish","format-standard","hentry","category-economy","tag-mudra-scheme","tag-npa","tag-rbi","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86369","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=86369"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86369\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}