et_economy2 days ago
BULLISH(90%)
hold
Rs 39.48 lakh cr sanctioned so far under PM-MUDRA, NPAs at around 2 pc: FM Sitharaman
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Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
Financial inclusion schemes like MUDRA are crucial for economic growth and stability, directly impacting the lending landscape for banks. Low NPAs are a positive for bank asset quality.
Trading Insight
Look for public sector banks with strong participation in government-backed lending schemes and improving asset quality.
Quick check: SBI neutral, PNB bearish bias (oversold).
Key Evidence
- •Over Rs 39 lakh crore sanctioned under PM-MUDRA Yojana.
- •Non-performing assets (NPAs) at approximately 2 percent.
- •Scheme supports new and women entrepreneurs significantly.
- •Banks are actively recovering outstanding loans.
- •Risk flag: Potential for future NPA increases if economic conditions worsen.
Affected Stocks
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Sectors:banking
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