SHGs - a Positive Leap towards Poverty Eradication

Abstract

District cooperative banks are playing a major role in deposit mobilisation and disbursal of microcredit for SHGs in backward areas. They also infuse repeat credits for timely repayment of loans. The revolving fund and Community Investment Fund (CIF) are provided by NRLM to SHGS to build financial confidence and a healthy track record to attract mainstream bank finance.