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Abstract

MUDRA loan scheme launched in 2015 proved to be a great source of inspiration to the educated and uneducated entrepreneurs of different categories. Under this scheme loans are three types Shishu, Kishore and Tarun. These loans are provided to small business men and firms without any collateral security and third party guarantee. This research paper includes the overview of PMMY, Impact of MUDRA Bank on small business entrepreneurs and performance analysis of the scheme and some recommendations. Promote self employment among weaker and economically backward sections of the society, minorities, and women entrepreneurs and self help group. Enable them to cultivate a healthy banking habit and good rapport with the bank manager of their area.

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