Latest Answer: As of now Mudra Bank is not a completely fledged banker. In future, this will be exchanged into a packed-fledged one. Presently it is presenting Refinancing services simply. To ‘fund the unfunded’ self- utilized as fine as small businesses, Prime Minister commenced the MUDRA Yojana that will present loans of up to Rs 10 lakh at the short rate of interest.
http://www.pradhanmantriyojana.com/2016/03/29/pradhan-mantri-laghu-udyog-yojana/
