Over 95% Small Help Groups (SHGs) Loan Accounts are Regular as on 31ST March, 2011

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....ver 95% Small Help Groups (SHGs) Loan Accounts are Regular as on 31ST March, 2011 <br>News and Press Release<br>Dated:- 25-11-2011<br><BR>Press Information Bureau Government of India Ministry of Fi....

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....nance 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) Sl. No. Name of the Agency Total outstanding Bank Loa....

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....ns to SHG Average loan outstanding per SHG No.of SHGs Loans outstanding 1 Coml. Bank 3053472 2188325.67 0.71 2 RRBs 451798 190785.65 0.42 3 Coop. Bank 1281493 743005.23 0.57 Total ....

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....4786763 3122116.55 0.65 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 e....

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....nsures 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....

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.... reply to an Unstarred Question in Lok Sabha today. ****** DSM/Hb<BR> News - Press release - PIB....