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PM will launch MUDRA (Micro Units Development and Refinance Agency) Bank on 8th April, 2015 in New Delhi

Dated:- 26-3-2015 - Prime Minister of India Shri Narendra Modi will launch MUDRA (Micro Units Development and Refinance Agency) Bank on 8th April, 2015 at 9.15 AM at Vigyan Bhawan, New Delhi in the presence of Hon ble Finance Minister Shri Arun Jaitl .....

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ve a role to play, this has to be complemented by informal sector enterprises which generate maximum employment. There are some 5.77 crore small business units, mostly individual proprietorship, which run small manufacturing, trading or service busin .....

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MUDRA) Bank, with a corpus of ₹ 20,000 crore, and credit guarantee corpus of ₹ 3,000 crore. MUDRA Bank will refinance Micro-Finance Institutions through a Pradhan Mantri Mudra Yojana. In lending, priority will be given to SC/ST enterprise .....

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