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Around 50% of Mudra accounts belong to SC, ST and OBCs; boosting financial independence: SBI Report

New Delhi, April 3: The Pradhan Mantri Mudra Yojana (PMMY) is boosting financial independence among marginalized groups as nearly 50 per cent of the 52 crore PMMY accounts belong to individuals from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC), says a report by State Bank of India (SBI).

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