Volume : VI, Issue : IV, April - 2017

Self Help Groups and its Impact on Financial Inclusion in Rural Areas

Dr. K. Vinodha Devi, Padma Nagendra

Abstract :

 In India, providing access to formal financial services and products has been a thrust of banking policy for several decades. The current thinking at the global level has also had its echo in India, with policymakers at various levels undertaking a wide range of measures to include the excluded or the under-served within the fold of formal finance. One of the initiatives was micro credit through SHGs. A pilot project for purveying microcredit by linking Self Help Groups (SHGs) with banks was launched by NABARD in 1991-92 with a view to facilitating smoother and more meaningful banking with the poor. 

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Dr.K.Vinodha Devi, Padma Nagendra, Self Help Groups and its Impact on Financial Inclusion in Rural Areas, GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-6, Issue-4, April‾2017

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