Banks should fund the unfunded: Union Minister
The minister further said that the PM Svanidhi scheme gave small loans to needy people without the condition of a collateral or a CIBIL score.
The minister further said that the PM Svanidhi scheme gave small loans to needy people without the condition of a collateral or a CIBIL score.
The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8 April 2015 by the PM with the aim to facilitate easy collateral-free micro-credit of up to Rs 10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating activities.
