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MUDRA (SIDBI) Bank to undertake refinance operations and provide support services with focus on portal management and also data analysis; MFIs can now become Member Lending Institutions (MLIs) with MUDRA (SIDBI) Bank for refinance and with NCGTC for Credit Guarantee.

News and Press Release - Dated:- 8-1-2016 - The Union Cabinet had yesterday i.e. 6th January, 2016 approved creation of a Credit Guarantee Fund (CGF) for Micro Units Development Refinance Agency (MUDRA) loans and for converting MUDRA Ltd. into MUDRA .....

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MUDRA (SIDBI) Bank can take -up any other role as may be assigned to it by Government. MFIs can now become Member Lending Institutions (MLIs) with MUDRA (SIDBI) Bank for refinance and with NCGTC for credit guarantee. This membership is predicated on .....

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