MINISTER OF STATE IN THE MINISTRY OF FINANCE
(a) As reported by Public Sector Banks (PSBs), total Non-Performing Assets (NPAs) for loans extended under Pradhan Mantri Mudra Yojana (PMMY) during the last three years were Rs 596.72 Cr (2015-16), Rs 3,790.35 Cr (2016-17) and Rs 7,277.31 Cr (2017-18) respectively. PMMY NPAs as on 31st March, 2018 for PSBs were 3.43% of the amount disbursed under the scheme.
(b) Details of loans sanctioned by Member Lending Institutions (MLIs) and target under PMMY are as under:
Amount Rs in crore
FY Overall Target Loan amount sanctioned Total
Shishu Kishore Tarun
2015-16 122188 62894.96 43052.55 31501.76 137449.27
2016-17 180000 85100.74 53545.14 41882.66 180528.54
2017-18 244000 106001.60 86732.16 60943.34 253677.10
Of the above, loans sanctioned by PSBs are as under:
Amount Rs in crore
FY Loan amount sanctioned Total
Shishu Kishore Tarun
2015-16 8662.87 28185.82 22825.59 59674.28
2016-17 6058.58 34649.68 31245.4 71953.66
2017-18 7212.39 45300.42 39979.88 92492.69
PMMY loans extended by PSBs were standard loans in terms of repayment as on 31st, March 2018, except for NPA indicated above.
(c) & (d) PSBs follow recovery procedures as approved by Banks’ Boards and in compliance of extant Reserve Bank of India (RBI) guidelines. Non-Performing accounts are periodically monitored for recovery of overdue amount.
Download PDF Files