Performance Analysis of Pradhan Mantri Mudra Yojana (PMMY) and its Impact on NPA of the Banking Sector in India

Author(s)	RAM PRAKASH PANDEY, MANO SHRIJIT TRIPATHI
Country	India
Abstract	MSMEs is the backbone of the Indian economy and its boost the country's GDP and create employment possibilities. In this paper, we check the genesis and performance of the MUDRA Bank as part of the MUDRA Yojana. Although government has launched many credit schemes, but today the big issue is that these schemes facing the problem of default, so finally we have conducted the study to check the impact of the NPA on the banking sector under the MUDRA Yojana and the reason of the rise in NPA in Mudra Banks as well as what measures the bank has taken in several areas to lower the NPA. This paper is based on secondary sources of data from where we have taken various annual reports of MSMEs and MUDRA Yojana in addition to various govt websites, journals, magazines, and quarterly publications. This study determined the MUDRA scheme performance of different financial years and will help us to learn about its impact of NPA on the Banking Sector. Findings highlighted that the Banks NPAs of the Mudra Yojana of the Total Banks NPA is approximately 3-4% and under the MUDRA category the Shishu loan showing higher NPA Because of low business knowledge and skills at initial stage of business.
Keywords	GNPA, MSMEs Performance, Mudra Bank, NNPA, NPA, PMMY.
Published In	Volume 5, Issue 2, March-April 2023
Published On	2023-03-21
DOI	https://doi.org/10.36948/ijfmr.2023.v05i02.4201
Short DOI	https://doi.org/gsgnvv

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International Journal For Multidisciplinary Research