Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the
Hon’ble Prime Minister on April 8, 2015 for providing loans up
to 10 lakh to the non-corporate, non-farm small/micro
enterprises. These loans are classified as MUDRA loans under
PMMY. These loans are given by Commercial Banks, RRBs, Small
Finance Banks, MFIs and NBFCs.