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Banks in West Bengal have disbursed close to ₹7,178-crore worth loans to small and tiny enterprises so far during the current fiscal under the Pradhan Mantri Mudra Yojana (PMMY).
The State had disbursed Mudra loans worth ₹15,480.03 crore in 2016-17, a 100 per cent growth over ₹7,740 crore in 2015-16.
According to NK Kapoor, GM, Corporate Account and MSME, United Bank of India, the number of beneficiaries under the various Mudra schemes in State was close to 46 lakh in 2016-17.
United Bank of India is the convenor of State Level Bankers’ Committee (SLBC). There are three schemes under PMMY — Shishu (loans up to ₹50,000), Kishor (₹50,000 – ₹5 lakh) and Tarun (₹5-10 lakh). Of the total disbursement of ₹15,480 crore, the maximum disbursement has taken place under the Shishu scheme — at close to ₹10,912 crore in 2016-17.
“We expect a good growth in the disbursement of these loans during the next two quarters, which are typically the peak period for loan offtake,” Kapoor told newspersons at a media conference here on Monday.
The level of non-performing assets (NPAs) for Mudra loans was as high as 15-16 per cent, he added.
National disbursementsIn FY17, banks across the country disbursed close to ₹1.75 lakh crore worth Mudra loans, nearly 32 per cent higher than ₹1.33 lakh crore disbursed in FY16.
So far during the current fiscal, banks across the country have disbursed close to ₹84,413 crore under the scheme.
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