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Loans under the government’s flagship Pradhan Mantri Mudra Yojana (PMMY) in 2016-17 crossed the target of ₹1,80,000 crore to touch ₹1,80,087 crore.
“Final data is still awaited from some of the smaller non-banking lenders,” said the Finance Ministry on Thursday, adding that of the said amount, banks lent ₹1,23,000 crore while while non-banking institutions lent ₹57,000 crore. The total number of borrowers were over four crore, of which over 70 per cent were women, said the Finance Ministry.
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