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New bank to fund micro units

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  9 April 2015 12:00 AM GMT

New Delhi, April 8: Prime Minister rendra Modi on Wednesday launched a bank with a corpus of Rs 20,000 crore to extend credit of up to Rs 10 lakh to small businesses and regulate micro-fince institutions, to promote their growth, add to the country's output and create jobs. IANS

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