Karnataka Bank launches MUDRA card

Targets Rs 615 crore MUDRA loans under Pradhan Mantri Mudra Yojana

Karnataka Bank has launched MUDRA card under Pradhan Mantri Mudra Yojana (PMMY) and targeting a portfolio of Rs 615 crore of MUDRA loans for the current year. The card will be issued to the Micro entrepreneurs, who avail working capital finance up to Rs 10 lakh under PMMY.

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