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    <description>The regulatory change increases the PMMY collateral free lending ceiling, adds a new Tarun Plus category for previously repaid Tarun borrowers, and extends guarantee coverage from the Credit Guarantee Fund for Micro Units to support larger unsecured loans through Member Lending Institutions across manufacturing, trading, services and allied agricultural activities, while maintaining supporting delivery mechanisms such as the MUDRA Card, MUDRA MITRA app, simplified application processes and targeted interest subvention.</description>
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