Bank of Maharashtra, MUDRA seal pact to finance small business
Under the new scheme, there are three categories of loans, 'Shishu' (loan of up to Rs 50,000), 'Kishor' (loan above Rs 50,000 up to Rs 5 lakh) and 'Tarun' (above Rs 5 lakh and up to Rs 10 lakh), that will be sanctioned and disbursed by banks, it said.
Jun 28, 2015, 17:23 PM IST
Loans to small businesses may double to Rs 1lakh cr: Jaitley
Officials from the Department of Financial Services (DFS) updated the Finance Minister on the subsequent steps taken in this regard following the setting up of MUDRA Bank.
Jun 12, 2015, 20:34 PM IST
