TMI BlogDevelopmental Financial Institution (DFI) for Women SHGsX X X X Extracts X X X X X X X X Extracts X X X X ..... Developmental Financial Institution (DFI) for Women SHGs X X X X Extracts X X X X X X X X Extracts X X X X ..... announced the proposal to set up India's first Women's Bank as public sector bank with an initial outlay of Rs. 1,000 crore which can lend mostly to women and women-run businesses, that supports wome ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n Self Help Groups (SHGs) and women's livelihood, that employs predominantly women, and that addresses gender related aspects of empowerment and financial inclusion. Government has constituted a Comm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ittee comprising of eminent bankers to, inter-alia, examine and firm-up the Blue-print of the Bank, including broad policy framework; business model; expansion plan; business strategy etc, of the Bank ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... including the measures to outreach the targeted population of the Bank. The Committee has submitted its report to the Government on 30.04.2013. The Committee has, inter-alia, recommended that women S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... HGs may be supported by the Women's Bank to reach out to a wider group of women. To achieve this, the Women's Bank should provide special credit facilities and training to SHGs and also seek help from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SHGs to promote banking.
This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.
DSM/RS/ka
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