PM Modi launches MUDRA bank to ‘fund the unfunded’ small entrepreneurs

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New Delhi, April 08 (ANI): Prime Minister Narendra Modi on Wednesday launched MUDRA (Micro Units Development and Refinance Agency) bank under the Pradhan Mantri Jan Dhan Yojana and said it will fund the unfunded small entrepreneurs. He said millions of common men and women, who run small businesses, have almost remained outside the net of formal institutional finance, in spite of their large contributions to the economy.

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