प्रेस विज्ञप्ति Public Relations Deptt.,16th Floor, Chandermukhi,Nariman Point, Mumbai - 400 021. PRESS RELEASE Central Bank of India Launches MUDRA CARD for Small Micro Units

Central Bank of India launched MUDRA Card to beneficiaries of eligible Small/Micro Units in a glittering function held at Patna on 16th July,2015.Central Bank of India's sponsored RRB, Uttar Bihar Grameen Bank (UBGB), largest RRB, also launched the MUDRA Card along with the Town Hall Camp for Social Security Schemes.The card was launched by Shri. Rajeev Rishi Chairman & Managing Director, Central Bank of India, and Small &Micro entrepreneurs were presented with the MUDRA card. Central Bank of India introduced credit card in the country in the year 1980. In keeping up with the tradition of being the first, the Bank today launched live MUDRA Card.

Micro Unit Development and Refinance Agency Ltd (MUDRA) has been launched by Hon'ble Prime Minister as a new financial entity, for developing and refinancing to last mile financial intermediaries like Banks, NBFCs, Micro Financial Institution (MFI) etc. who are in the business of lending to even the smallest of the Micro Enterprises in manufacturing, trading and service sector. This segment mainly consists of Non-farm Enterprises in manufacturing trading and services whose credit needs are upto Rs. 10 Lacs.
PHOTO NARATION: From Right to Left :-

Mr M.K.Verma,Regional Director,RBI, Patna

Dr. R. C.Lodha, ED, Central Bank of India

Mr. Chatrapati Shivajee, Chairman, SIDBI/Mudra Bank

Mr. Rajeev Rishi, CMD, Central Bank of India

Mr. D.S. Harilal, Chairman, UBGB, Muzaffarpur

Mr. Alok Tandon, Joint Secretary, Finacial Services, GOI Mr. Jiji Mammen, CEO, Mudra Bank

Mr. R.K.Arora , FGM, Patna

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