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MUDRA (Micro Units Development and Refinance Agency) is one of the most popular and successful initiatives by the Union Government. The scheme is offered under the Pradhan Mantri Mudra Yojana (PMMY).
2 years agoRead MoreSIDBI or the Small Industries and Development Bank of India was established under the special Act of the Parliament 1988 and became operative in the year 1990.
2 years agoRead MoreLarge scale industries have never had any difficulty in securing credit for their enterprises, because of the perception that they offer the highest employment opportunities to the general population. It is shocking to find out that, large industries employ only 1.25 crore people countrywide. It is the small scale industries which falls under the unorganized sector that employs around 12 crore people in the country.
2 years agoRead MoreMudra LoanMicro Units Development and Refinance Agency (MUDRA) is a new institution set up by Government of India as a wholly owned subsidiary Small Industries Development Bank of India (SIDBI) to provide funding for the development and refinancing activities of micro units. It majorly focuses on the non-corporate, non-farm sector income generating activities of micro and small enterprises whose credit needs are below Rs. 10 Lakh.The main objective of this scheme is to 'f
5 years agoRead MoreCreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.