Press Information Bureau
Government of India
Ministry of Finance

25-November-2011 18:59 IST

The agency-wise progress under SHG-Bank Linkage Programme as on 31 March 2011 is as under:                         

(Amt. Rs. lakh)

The average loan outstanding per SHG has increased from Rs.57,795/- in March 2010 to Rs.65,224 in March 2011.

Peer pressure plays an important role in SHG mechanism which ensures timely recovery of outstanding loan.  As on 31.03.2011 over 95% SHG loan accounts are regular.

This information was given by the Minister of State for Finance, Shri   Namo Narain Meena in written reply to an Unstarred Question in Lok  Sabha today.

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DSM/Hb

SHG loan regularity reflects strong repayment discipline and increased average outstanding under the SHG Bank Linkage Programme. The SHG Bank Linkage Programme records sustained portfolio performance with over ninety five percent of SHG loan accounts regular as of 31 March 2011; average loan outstanding per SHG increased from March 2010 to March 2011. Agency wise outstanding loans and average exposures for commercial banks, regional rural banks and cooperative banks are reported, and timely recovery is attributed chiefly to peer pressure mechanisms within SHGs.