Latest MUDRA News & Updates

Aizawl, July 20 (IANS) Mizoram Rural Bank (MRB) has crossed the Rs 10,000 crore total business milestone for the first time, reaching Rs 10,656.08 crore during the 2025-26 financial year and registering an 11.26 per cent year-on-year growth, the highest among all Regional Rural Banks (RRBs) in the Northeast, officials said on Monday. 28 RRBs are operating across the country, with MRB emerging as the fastest-growing RRB in the northeastern region during the last financial year. Each of the eight …

New Delhi, Jan 24 (IANS) Prime Minister Narendra Modi on Saturday distributed more than 61,000 appointment letters to newly recruited youth at the 18th Rozgar Mela and addressed them through a video link, emphasising reforms, economic growth and the role of young people in nation building. “Today, you are receiving appointment letters for government services; in a way, this is an invitation letter for nation building,” the Prime Minister said, reminding the youth of their duty towards the Consti…

New Delhi, Jan 10 (IANS) The strategic interventions by the Department of Financial Services (DFS) has improved the financial health and robustness of banking sector significantly, with gross NPA ratio of scheduled commercial banks (SCBs) declining to 2.22 per cent and that of scheduled commercial banks (PSBs) declining to 2.58 per cent, an official statement said on Saturday.Furthermore, the Provision coverage ratio (PCR) of SCBs increased from 49.31 per cent in March 2015 to a healthy 93.14 pe…