https://www.taxtmi.com/news?id=14308 The initiative establishes MUDRA Bank as the Micro Units Development Refinance Agency to implement the Pradhan Mantri MUDRA Yojana, responsible for developing and refinancing MFIs, setting policy and responsible financing practices, registering and accrediting MFIs, standardising last mile lending covenants, and operating a credit guarantee mechanism while adopting a credit plus approach including financial literacy and technical support. en-us Wed, 08 Apr 2015 15:12:40 +0530 Wed, 08 Apr 2015 15:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14308 The initiative establishes MUDRA Bank as the Micro Units Development Refinance Agency to implement the Pradhan Mantri MUDRA Yojana, responsible for developing and refinancing MFIs, setting policy and responsible financing practices, registering and accrediting MFIs, standardising last mile lending covenants, and operating a credit guarantee mechanism while adopting a credit plus approach including financial literacy and technical support. News - Wed, 08 Apr 2015 15:12:40 +0530 https://www.taxtmi.com/news?id=14308