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• Issue-wise legal analysis
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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

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....ABARD: 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 <br>News and Press Release<br>Dated:- 4-8-....

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....2017<br><BR>As per information compiled by National Bank for Agriculture and Rural Development (NABARD), as on 31st March 2017, 85.77 lakh Self Help Groups (SHGs) have saving deposits of over &#8377; ....

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....16,114 crore with banks. It is estimated that these SHGs cover more than 10 crore rural households. As reported by NABARD approximately 70% of the total savings of the groups are used for internal len....

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....ding of the groups and 30% deposited with the Banks i.e. more than double the amount deposited with banks are used for internal lending of groups. During the last three years, &#8377; 94934 crore has....

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.... been disbursed as loans to Women SHGs at applicable interest rates. Women SHGs in 250 Category-I districts under Deendayal Antyodaya Yojana- National Rural Livelihoods Mission (DAY-NRLM) are provided....

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.... loans at 7% interest per annum with interest incentive of 3% payable on prompt repayment reducing the effective interest to 4% per annum. This was stated by Shri Santosh Kumar Gangwar, Minister of S....

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....tate for Finance in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....

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