SHG-Bank Linkage Programme

SHG-Bank Linkage Programme – The self help group (SHG)-Bank Linkage programme has emerged as the major micro-finance programme in the country and is being implemented by commercial banks, RRBs and cooperative banks. As on March 31, 2008, 3.48 million SHGs had outstanding bank loans of Rs.22,227 crore. During 2007-08, banks financed 0.74 million SHGs, including repeat loans to existing SHGs to the tune of Rs. 4,228 crore.