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.
With reference to ‘Old Pension Scheme’, consider the following statements:
I. Employees get a pension under a pre-determined formula which is...
Which of the public sector bank had launched the Tiranga Deposit Scheme, it is a special term deposit product which offers higher interest rates on reta...
Outlook Group has launched its highly anticipated retirement planning event, "40After40" in association with which bank shop for all conversations aro...
How many educational institutions were initially planned to be established under the institution of Eminence (IoE) scheme?
__________ bought a 2.2 per cent stake in HDFC AMC worth Rs 757 crore in open market transactions, as GQG Partners sold off 1.16 per cent stake (worth R...
In the context of tokenisation of assets, what type of network is commonly mentioned where discussions between banks and the RBI have taken place?
The Ministry of Finance recently kept the interest rate on the National Savings Certificate (NSC) at what percentage for the July-September 2024 period?
What is the purpose of the 'Mukhyamantri Majhi Ladki Bahin Yojana' launched in Maharashtra?
Which of the following statement/statements is/are CORRECT regarding the Contribution of MSME Sector in GDP?
1. The share of MSME Gross Value Add...
Who collaborated with the Rajasthan government to develop the 'iStart Talent Connect Portal,' launched at Jaipur's Techno Hub?
