Corporation Bank launches MUDRA Card based on Rupay platform

153

Corporation BankThe Government has launched the MUDRA Card, based on Rupay platform.

Hasmukh Adhia, Secretary, Department of Financial Services, Ministry of Finance launched the card, which is a part of Pradhan Mantri Mudra Yojana (PMMY).

PMMY aims to ‘fund the unfunded’ under non-farm micro units in manufacturing, trading and services with affordable credit up to Rs 10 lakh.

The card has been issued by the Corporation Bank, facilitaing the withdrawal and use of the working capital finance by micro entrepreneurs.

Get a chance to meet the Who's who of the BFSI industry. Join 3rd NBFC100 Tech Summit, New Delhi on 27th April and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.