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Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution. It was launched by PM Narendra Modi on 8 April 2015. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. MUDRA has a corpus of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore.
What is the current Public Provident Fund (PPF) interest rate for January-March 2025, as per the unchanged small savings rates?
The Reserve Bank of India (RBI) will commence the pilot for a Public Tech Platform for Frictionless Credit. During the pilot, the platform will focus on...
Ministry of Rural Development has tied up with which company towards its efforts to help enhance the outreach of the products of Self-Help Groups (SHGs)...
Which new benchmark has the RBI introduced to replace MIBOR?
In which year was the "Padhe Bharat, Badhe Bharat" program launched as part of the Sarva Shiksha Abhiyan framework?
The 3rd edition of the India-Australia military exercise, AUSTRAHIND, aims to improve joint operations in which type of terrain?
What was the penalty imposed on RBL Bank for non-compliance with KYC norms?
What is the focus of Switzerland’s "burqa ban" implemented on January 1, 2025?
What was the theme for “World Water day” this year?
Recently which of the following stock exchange has received approval from the Securities Exchange Board of India (SEBI) to set up a social stock exchang...
