What is MUDRA?
Wednesday, May 17, 2017, 12:13 PM
MUDRA (Micro Units Development and Refinance Agency Limited) is a non-banking financial institution established in April 2015 by the Government of India. It aims to provide integrated financial support to the micro enterprises sector. The basic motive of establishing MUDRA is to extend the facility of institutional finance to small business entities involved in trading, manufacturing and service activities.