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Banker's Trust: Tamal Bandyopadhyay on the facts and fiction of Mudra loans

Do we need yet another refinance agency? No one will shed a tear if Mudra is given a decent burial

Topics
Mudra loans | UPA | MFIs

Tamal Bandyopadhyay 



Tamal Bandyopadhyay

Bharatiya Mahila Bank Ltd is one initiative that the United Progressive Alliance government is definitely not proud of. The Bharatiya Janata Party government may soon have a similar feeling for the six-year-old Mudra, a wholly owned subsidiary of Small Indus­tries Development Bank of India (Sidbi), launched by Prime Minister Narendra Modi in April 2015.

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First Published: Sun, July 25 2021. 22:35 IST

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