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Cabinet approves creation of a Credit Guarantee Fund for MUDRA loans
Jan 06, 2016, at 09:05 pm
New Delhi, Jan 6 (IBNS) The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday gave its approval for the creation of a Credit Guarantee Fund for Micro Units Development Refinance Agency (MUDRA) loans and to convert MUDRA Ltd. into MUDRA Small Industries Development Bank of India (SIDBI) Bank as a wholly owned subsidiary of SIDBI.
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Cabinet approves creation of a Credit Guarantee Fund for MUDRA loans
Wed, Jan 06 2016