Banks have disbursed more than Rs 40,000 crore under Pradhan Mantri Mudra Yojana (PMMY) in the last two months. There has been a step-up in Mudra loans in the last two months. At the end of November 2019, disbursal was only at Rs 51 lakh crore, while as on January 24, 2020, the disbursal of Mudra loans sanctioned stood at Rs 1,97,816 crore. Which means a little less than one-third of the total loans disbursed was done from December 2019 till date.