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  • MUDRA loan disbursals take a hit due to demonetisation

    Loan disbursals by Micro Units Development and Refinance Agency (MUDRA) slowed down in the third quarter of current financial year following the demonetisation of high-value currencies, an official said today.

  • 30cr people to get jobs once land bill is passed: FM

    30cr people to get jobs once land bill is passed: FM

    The initial products and schemes under this umbrella have already been created and the interventions have been named 'Shishu', 'Kishor' and 'Tarun' to signify the stages of growth/development and funding needs of the beneficiary micro unit/entrepreneur.

  • PM launches MUDRA bank, expected to benefit 5.77cr MFIs

    PM launches MUDRA bank, expected to benefit 5.77cr MFIs

    There are about 5.77 crore small business units. It will also lay down "responsible financing practices" to ward off over indebtedness and ensure proper client protection principles and methods of recovery, besides development of standardised set of covenants governing last mile lending to micro enterprises.

  • PM to launch MUDRA Bank on Wednesday

    PM to launch MUDRA Bank on Wednesday

    The roles envisaged for MUDRA include laying down policy guidelines for micro enterprise financing business and registration of MFI entities as well as their accreditation and rating. There are about 5.77 crore small business units.

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