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The MUDRA bank was set up under the Pradhan Mantri MUDRA Yojana scheme. It lends to small entrepreneurs outside the service area of regular banks, by using last mile agents. The bank classifies its clients into three categories as below: Shishu ( शिशु): loans up to ₹50,000 Kishore ( किशोर): loans up to ₹5 lakh Tarun ( तरुण): loans up to ₹10 lakh
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