“HOW THE MUDRA BANK HELPS SME’S TO GROW”

Mudra Bank is an innovative way of funding small business. It is launched by our Prime Minister Modi. It is established through a statutary enactment. It will be a part of Pradhan Mantri Mudra Yojana. This will function in the ares that falls outside the purview of conventional banks. It had a corpus of fund Rs 20000 crore and a credit guarantee fund ranging from Rs2000 crore and Rs 3000 crore. T, his paper aims at understanding how the Mudra Bank helps the SME sector.