https://www.taxtmi.com/news?id=14248 Creation of a dedicated refinancing agency, MUDRA Bank, under the Pradhan Mantri Mudra Yojana to refinance Micro-Finance Institutions and expand formal credit to micro units, supported by a credit guarantee corpus and with priority lending to SC/ST-owned enterprises. Operational modalities and institutional roles will be defined following stakeholder consultations involving microfinance institutions, NBFCs, banks, NABARD, SIDBI and the central bank before the formal launch. en-us Thu, 26 Mar 2015 09:49:37 +0530 Thu, 26 Mar 2015 09:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14248 Creation of a dedicated refinancing agency, MUDRA Bank, under the Pradhan Mantri Mudra Yojana to refinance Micro-Finance Institutions and expand formal credit to micro units, supported by a credit guarantee corpus and with priority lending to SC/ST-owned enterprises. Operational modalities and institutional roles will be defined following stakeholder consultations involving microfinance institutions, NBFCs, banks, NABARD, SIDBI and the central bank before the formal launch. News - Thu, 26 Mar 2015 09:49:37 +0530 https://www.taxtmi.com/news?id=14248