Monday, July 6, 2015

#Corporation Bank launches MUDRA Card based on the RuPay platform

Hasmukh Adhia, IAS, Secretary, Dept. of Financial Services, Ministry of Finance, Govt. of India launched the First MUDRA card under the Pradhan Mantri MUDRA Yojana (PMMY) at a function held in the Head Office of Corporation Bank,S R Bansal, Chairman and Managing Director and Bibhas Kumar Srivastav, Executive Director were present at the function wherein MUDRA Cards were given away to a few beneficiaries. The card facilitates the withdrawal and use of the working capital finance by Micro Entrepreneurs.  Corporation Bank is the first bank to launch the MUDRA Card based on the RuPay platform.