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Wednesday, February 26, 2020

MUDRA Bank

MUDRA BANK NEWS

Mudra bad loans: Value low but surge this year

March 13, 2019 4:30 am

In 2017-18, total loans disbursed under the Mudra scheme stood at Rs 2.46 lakh crore. This shows the gross NPA ratio (NPAs divided by loans disbursed) was 3.96 per cent.

MUDRA not to regulate micro finance institutions: Govt

January 18, 2016 8:13 am

The proposed Bank will also oversee the Rs 3,000 crore Credit Guarantee Fund that the government has approved last week to facilitate the MUDRA scheme.

‘Land Bill to ensure jobs for 300 mn landless workers’

April 09, 2015 1:16 am

The Bill has already been passed by the Lok Sabha and will be taken up by the Rajya Sabha when it re-convenes later this month.

30 crore landless people to get jobs once land bill is passed, says Finance Minister Arun Jaitley

April 08, 2015 4:56 pm

Jaitley had proposed the MUDRA with a corpus of Rs 20,000 crore.

MUDRA to provide loans up to Rs 10 lakhs to small businesses

April 08, 2015 4:39 pm

The Pradhan Mantri MUDRA Yojana, which has a corpus of Rs 20,000 crore, can lend between Rs 50,000-Rs 10 lakh to small entrepreneurs.

Prime Minister Modi launches MUDRA Bank, announces higher aid for rain-affected farmers

April 08, 2015 8:28 pm

He was speaking at the launch of Rs 20,000-crore MUDRA Bank.

Boost to small biz: Modi to launch MUDRA Bank today

April 08, 2015 4:54 am

The primary product of MUDRA will be refinance for lending to micro businesses.

FinMin considers clubbing MFI & MUDRA Bank Bills

April 06, 2015 5:10 am

The Micro Units Development Refinance Agency (MUDRA) Bank Bill will now give finality to the plan for regulation of the sector.

MUDRA Bank to be launched on April 8

March 26, 2015 2:15 am

The meeting was attended by representatives of micro-finance institutions, NBFCs, banks, NABARD, SIDBI and RBI.

Unused priority sector lending funds to be diverted to MUDRA Bank

March 13, 2015 1:45 am

However, the related Rs 3,000 crore credit guarantee fund for the Bank would be set up through Budgetary allocations.