PSBs at only 42% of FY25 MUDRA disbursement target by Oct-end
Business Standard|December 03, 2024
Public Sector Banks (PSBs), including their sponsored Regional Rural Banks (RRBs), have achieved only 42 per cent of their current financial year (FY25) disbursement target for MUDRA loans by the end of October, according to an internal document seen by Business Standard.
HARSH KUMAR
PSBs at only 42% of FY25 MUDRA disbursement target by Oct-end

Out of a target of ₹2.3 trillion for FY25, the banks have disbursed ₹97,094 crore by October 25, 2024, the document showed.

Bank of Baroda has shown the lowest achievement among PSBs, with only 16 per cent of its annual MUDRA disbursement target met in the first seven months of FY25. The annual target for Bank of Baroda is ₹22,000 crore, out of which it has disbursed only ₹3,515 crore by October 25.

This story is from the December 03, 2024 edition of Business Standard.

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This story is from the December 03, 2024 edition of Business Standard.

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