FM announces 2% interest subvention on smallest category MUDRA loans

PTI Updated - May 14, 2020 at 05:46 PM.

Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Thursday announced a 2 per cent interest subvention on the smallest category of loans given under the MUDRA scheme.

As much as ₹1,500 crore interest subvention would be given for MUDRA-Shishu loans of up to ₹50,000.

Published on May 14, 2020 11:44