GS-1, Social Empowerment, Uncategorized

Provide loans to women SHGs at 7 per cent: RBI to banks

The Reserve Bank has asked banks to provide loans to women self-help groups (SHGs) at 7% per annum, as per the government’s revised guidelines for 2016-17. All women SHGs are eligible for interest subvention on credit up to Rs 3 lakh at 7% per annum under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission. Details: As per… Continue reading Provide loans to women SHGs at 7 per cent: RBI to banks