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SHG BANK LINKAGE
Banks flag bad loans, rising fraud in SHGsBanks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...- Microfinance institutions should refrain from reckless lending: DFS SecretaryMicrofinance institutions must avoid reckless lending to Self Help Groups and Joint Liability Groups, according to Financial Services Secre...
- PM Modi hails Assam entrepreneur as inspiration for mobilising 3,000 women to form SHGsPrime Minister Narendra Modi on Saturday hailed a woman entrepreneur from Assam, who mobilised 3,000 people to form self help groups (SHGs)...
- Tripura: 90,000 more women to be 'lakhpati' through SHGs by 2024-end, says CM"Our SHGs are doing excellent work in boosting the rural economy in association with credit linkage from various banks. So far, the banks h...
- Arunachal Pradesh CM Pema Khandu sanctions loan to 789 Self Help GroupsWhile APRB has given the highest amount of loan – Rs 49046000 – to 504 SHGs, SBI has loaned Rs 22601000 to 174 SHGs and APSCAB has doled ou...
- SBI starts women self-reliance programme in AssamSBI stated that women SHGs are very active and credit worthy in rural areas of Assam as it relies on social collateral rather than on finan...
- Jayant Sinha launches Nabard's digitisation scheme for women self help groupsNabard started pilot project for complete digitisation of SHGs to improve quality of interface between members and banks for efficient and ...
- Nabard chairman Harsh K Bhanwala says keen to seek a small bank licenceThe farm-focused developmental lender National Bank for Agriculture and Rural Development (Nabard) today said it is keen to seek a small ba...
- Reserve Bank of India simplifies KYC norms for Self Help GroupsThe Reserve Bank of India has simplified the know your customer or KYC norms for Self help groups or SHG for opening new accounts and while...
- KYC norms for SHGs eased, all members need not be verifiedThe KYC guidelines have been formulated to protect the financial system against threat of money laundering/terror financing and frauds.
- Women's SHG fund to get cabinet nod in next meetAlmost a year after Pranab Mukherjee announced a Rs 500-crore fund for women's SHG in the 2011-12 budget, the ministry may finally be able ...
- Andhra Pradesh CM gives another sop for self-help groupsAndhra Pradesh Chief Minister N Kiran Kumar Reddy, who completed one year in office, announced yet another sop for members of women self-he...
- New chairman of Nabard Prakash Bakshi has work cut out for hi\mHe is assuming charge at a difficult time. Nabard was set up to ensure credit flows for agriculture and rural development.
- India compares poorly with Asian peers in fin inclusion: RBIIndia compares poorly with OECD as well as many of its Asian peer group countries with respect to financial inclusion, the Reserve Bank tod...
- Financial inclusion not an option, a compulsion: RangarajanPMEAC Chairman C Rangarajan today said growth of the bank-SHG linkage programme would give a boost to the micro finance sector.
- West Bengal widens scope for SHGsIn an attempt to make life a bit easier for over 70 lakh poor families in the state, West Bengal has widened the scope of its interest subv...
- Multinational consultant for SHGs in West BengalThe Left Front government in West Bengal has decided to engage a multinational consultant for its newly-formed marketing corporation -- an ...
- West Bengal banks providing loans to SHGsBanks operating in West Bengal have provided a fresh loan of Rs 175.5 crore to local self help groups (SHG), taking the total outstanding S...
- West Bengal government to set up agriculture marketing corporationThe CPM-ruled West Bengal government has inched towards setting up the proposed agriculture marketing corporation by appointing one of its ...
- Banks have 'lackadaisical' attitude towards SHGs: BansalExpressing unhappiness over the banks' 'lackadaisical' attitude in lending to Self Help Groups (SHG), Union Minister of State for Finance P...
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