LatestStartup And Fundraising 12 November 2026
PHDCCI Pushes 180-Day NPA Window, Higher Mudra Limits in Budget 2027-28
The PHDCCI has urged the upcoming 2027‑28 budget to grant micro, small and medium enterprises a 180‑day window for classifying loans as non‑performing assets and to increase the ceiling on Mudra scheme financing. It points to over 2.54 crore PMMY loans, totalling ₹3.43 lakh crore, already sanctioned by November 2026 as evidence of demand.
Key proposals from PHDCCI
- Extend the NPA recognition period for MSME loans to 180 days.
- Raise the maximum limit for Mudra (PMMY) loans.
Supporting data
- Over 2.54 crore PMMY loans worth ₹3.43 lakh crore have been sanctioned as of Nov 2026, highlighting strong demand.
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