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TMI BlogNABARD: 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 householdsX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 X X X X Extracts X X X X X X X X Extracts X X X X ..... -2017 X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 le ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nding 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, ₹ 94934 crore ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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 provide ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... State for Finance in written reply to a question in Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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