Tag: Micro Units Development & Refinance Agency (MUDRA)

MUDRA lends over Rs 42,000 crore in 5 months

Prime Minister Narendra Modi’s pet project, Micro Units Development & Refinance Agency (MUDRA), has disbursed over Rs 42,000 crore in the five months of this financial year. This is one fourth of its annual target of Rs 1,80,000 crore. The lending agency’s disbursals nearly double…

Mudra bank turns digital; launches mobile app

Micro Units Development & Refinance Agency (MUDRA), which was set up by the Government of India for developing and refinancing micro enterprise segment through lending institution which are in the business of lending to small / micro business entities engaged in manufacturing, trading, and se…