shoulders to the wheel in giving loans to small manufacturing units, including shopkeepers, street vendors, truck and taxi operators, and others under the Pradhan Mantri MUDRA Yojana. Banks, including State Bank of India and its Associates (six banks), public sector banks (21), private sector banks (13), regional rural banks (56) and foreign banks (2), have stepped on the gas since the Yojana was launched on April 8. Collectively, these banks disbursed Rs.26,129 crore to over four lakh enterprises belonging to the Non-Corporate Small Business Sector (NCSBS) as on October 2, according to MUDRA (Micro Units Development & Refinance Agency) data. MUDRA Ltd is a unit of the Small Industries Development Bank of India (SIDBI).

Source : http://www.thehindubusinessline.com/money-and-banking/banks-step-up-lending-to-small-businesses-in-organised-sector/article7716247.ece

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