8 April 2015

MUDRA Bank (Micro Units Development Refinance Agency)

Micro Units Development Refinance Agency Ltd Bank
Prime Minister to Launch Mudra Bank Today at a function at Vigyan Bhavan in the national capital.5.77 Crore Small Business Units to be Provided Access to Institutional Finance 

In his Budget Speech for Financial Year (FY) 2015-16, Union Finance Minister Arun Jaitley had proposed the creation of the bank, with a corpus of Rs. 20,000 crore, and credit guarantee corpus of Rs. 3,000 crore. 

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