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    <title>NABARD: 85.77 lakh Self Help Groups (SHGs) have saving deposits of over 16,114 crore with banks as on 31.3.2017 that cover more than 10 crore rural households</title>
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    <description>NABARD reports that many rural Self Help Groups hold savings with banks but primarily use a substantial share of those savings for internal lending. Women SHGs have been provided supported loan disbursements and, in DAY NRLM priority areas, are eligible for concessional loans with an interest incentive for prompt repayment that reduces the effective interest rate, thereby linking reduced cost formal credit to repayment performance and expanding access to finance for rural households.</description>
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