Micro Units Development Refinance Agency

Indian-rupees

MUDRA Bank

In the Budget of 2015-16, the government proposed creation of a Micro Units Development Refinance Agency titled MUDRA Bank. Some of its features are as follows: The bank will be built with a corpus of Rs. 20,000 crores and a…

cash

MUDRA bank – Finding the Missing Middle

Informal sector in most of the countries are informal because it runs illegally. India’s informal sector is unique to its own because informality comes to it as government policies have not reached it. India’s SME segment is mostly informal in…