Under Mudra Yojna,SBI provides credit to 600 entrepreneurs in Ranchi zone

By Abha Manakatala - Sat Sep 12, 3:09 pm

sbi m pc (3)The State Bank of India,Patna Circle, Chief General Manager Ajit Sood today addresses media persons in Ranchi.

Sood informed that SBI has launched Mudra Yojna( Micro Units Development and Refinance Agency) for the small entrepreneurs.

Giving details of the project,he said : “Mudra Yojna(Micro Units Development and Refinance Agency) will provide credit up to Rs 10 lakh to small entrepreneurs and will act as a regulator for ‘Micro-Finance Institutions’ (MFIs).”

Sood distributed sanction letter to 100 beneficiaries under Pradhan Mantri Mudra Yojna (PMMY).In fact,in a special camp organized at SBI’s administrative office building, altogether 600 beneficiaries were given sanction letters in the entire Ranchi Zone of SBI.

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