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Home » FM announces 2% interest subvention on smallest category MUDRA loans

Published On : Thu, May 14th, 2020

By Nagpur Today

FM announces 2% interest subvention on smallest category MUDRA loans

New Delhi : 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 Rs 1,500 crore interest subvention would be given for MUDRA-Shishu loans of up to Rs 50,000.