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The growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore system-wide, and banks need to monitor such loans closely as unsustainable credit growth in the sector can risk the system, Reserve Bank India (RBI) Deputy Governor M.K. Jain said.

Loan limit under PMMY increased to Rs.20 lakh: Centre

New Delhi: As announced by the Finance Minister Nirmala Sitharaman in the Union Budget 2024-25, the limit of Mudra...

25 Oct 2024 1:48 PM IST