MUDRA to provide loans up to Rs 10 lakhs to small businesses
The Micro Units Development and Refinance Agency Ltd (MUDRA) will focus on the 5.75 crore self-employed who use funds of Rs 11 lakh crore and provide jobs to 12 crore people, he said.
Apr 08, 2015, 16:09 PM ISTPM Narendra Modi launches Rs 20,000 crore MUDRA Bank
Prime Minister Narendra Modi on Wednesday launched MUDRA Bank which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs).
Apr 08, 2015, 09:46 AM IST