Economy

MUDRA empowering poor, middle-class entrepreneurs: Know the terms and whether you qualify

The PMMY scheme provides loans to the non-corporate, non-farm small and/or micro-enterprises. These loans are given by commercial banks, RRBs i.e. regional rural banks, small finance banks, cooperative banks, MFIs i.e. microfinance institutions and NBFCs. Read on to know whether you qualify and on what terms.