The Full Form of MUDRA is Micro Units Development Refinance Agency.
Micro Units Development and Refinance Agency Bank is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015.
MUDRA
means
Micro Units Development Refinance Agency
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