Banks may give ₹1.8L cr under MUDRA in 2016-17
Micro Units Development and Refinance Agency (MUDRA) CEO Jiji Mammen on Tuesday said the government has set a target for banks to disburse ₹1.8 lakh crore as loans under the MUDRA scheme during 2016-17. The banks disbursed ₹25,000 crore in the June quarter, he stated. Further, Mammen added that the agency will develop a user-friendly website for entrepreneurs seeking loans.