Category MUDRA

MUDRA initiative Sine Qua Non-for Gold Monetization

By Prof. R Vaidyanathan on 19th November 2015 Link: Gold –the yellow metal, is one of the favourite metals shopped in India, especially during weddings and on few other auspicious occasions such as Akshaya Tritiya, Diwali (Dhanteras) etc., gold is purchased by us. Even the poorest try to buy gold on specific dates in […]

Integrating Financial Markets Through MUDRA By Prof. R Vaidyanathan 20th April, 2015. Why the MUDRA Bank is necessary and what shape is it likely to take.  Last week, Prime Minister Narendra Modi launched the Mudra (Micro Units Development and Refinance Agency) Bank amid much fanfare.  Mudra Bank, focused on small and micro enterprises, will facilitate credit by refinancing financial […]

‘MUDRA’ bank is the real game changer, says Vaidyanathan New Delhi, April 8: R Vaidyanathan, a renowned professor of finance and control at the Indian Institute of Management, Bangalore (IIM-B) says that the Micro Units Development Refinance Agency (MUDRA) bank launched today is the real game changer and may increase the GDP by one to two per cent. He is also of the […]

MUDRA would integrate last-mile lenders into financial system, says the man behind the idea In conversation with Prof R Vaidyanathan, the man behind the idea of MUDRA bank. Prime Minister Narendra Modi launched the Micro Units Development Refinance Agency or the MUDRA bank on Wednesday for small businesses. The MUDRA bank, set up with an initial corpus of Rs. 20, 000 crore, will focus on 5.75 crore small […]

Why Mudra Bank is a major landmark in our growth process March 24, 2015 14:49 IST For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan. The announcement of creating the Mudra Bank has been welcomed by […]

‘Mudra Bank will change the way India is functioning’

  In this more than an hour-long chat with Shobha Warrier/ at IIM-B, Vaidyanathan talks about black money, Mudra Bank and Jaitley’s Budget.     Are you happy with Budget 2015? As a finance professor, I never give too much importance to budgets. Do you feel there is too much hype on budget presentation in […]

MUDRA Bank: The indigenous financial engine S Gurumurthy , March 4, 2015 Ingenious, innovative, this idea whose time has come holds the answers to India’s economic puzzles The media discourse on MUDRA (Micro Units Development and Refinance Agency) proposed in Budget 2015-16 has not yet fully revealed the theoretical depth and practical wisdom behind the idea. It is a potential […]