April 2, 2025 12:47 PM

PMMY boosts Women’s Financial Empowerment at the grassroots: SBI report

The Pradhan Mantri Mudra Yojana (PMMY) has emerged as a powerful tool for women’s financial empowerment, with women accounting for 68% of the scheme’s 52 crore beneficiaries, according to a report by the State Bank of India’s (SBI) Economic Research Department released on Wednesday. Over the last nine fiscals (FY16 to FY25), the per-woman PMMY loan disbursement grew at a CAGR of 13%, reaching Rs. 62,679, while incremental deposits per woman rose by 14% CAGR to Rs. 95,269, highlighting the...