-The Indian Express
12 PSU banks data reveal smallest ticket size Shishu loans fare best.
New Delhi: THE number and value of bad loan accounts in the Kishore category of the Pradhan Mantri Mudra Yojana (PMMY) for a dozen public sector banks including State Bank of India, Canara Bank and Bank of Baroda, have jumped 107 per cent and 71 per cent, respectively, as on September 30, 2019 compared with March 31, 2019.
Kishore loans have a ticket size of Rs 50,000-plus to Rs 5 lakh. Under PMMY, the other two categories are: Shishu, which has the smallest ticket size of up to Rs 50,000, and Tarun, which extends loans from Rs 5-lakh plus up to Rs 10 lakh.
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