the goan I network
PANAJI
Reliable sources have informed that Canara Bank leads all other banks in Goa when it comes to giving loans under Pradhan Mantri Mudra Yojana in 2017-18. Under this scheme, collateral free loans are given for upto Rs 10 lakh sum to small businessmen engaged in manufacturing, trading and services sectors.
A source informed, “Canara Bank has given loans to around 3,000 beneficiaries in the state under Mudra Yojana from April 1, 2017 to December 31, 2017. For these loans, Canara Bank has disbursed around Rs 40 crore. HDFC Bank stood second, when it came to giving loans under Mudra Yojana, as it extended such financing to 1,800 beneficiaries lending them around Rs 7.5 crore. State Bank of India (SBI) was third, as it gave Mudra Yojana loans to 967 beneficiaries amounting to Rs 24 crore.”
Cumulatively all scheduled commercial banks gave Mudra Yojana loans to around 9,000 beneficiaries in the state by disbursing Rs 113 crore in the nine months period between April 1 and December 31, 2017.
The Mudra Yojana was launched by Prime Minister Narendra Modi’s government in April 2015. Under Mudra Yojana, three kinds of loans are given to beneficiaries “ Shishu (loans upto Rs 50,000), Kishor (loans above Rs 50,000 and up to Rs 5 lakhs) and Tarun (loans above Rs 5 lakhs and upto Rs 10 lakhs).
