Moved by local success stories, central official encourages se...

Contributed by NAMPA / PTI. Patna, Nov 21 (PTI) The Bihar government would bear the interest rate above 7 per cent on loans taken by Self Help Groups (SHGs), Chief Minister Nitish Kumar said today. The SHGs paying loan on time would be given ...

In a bid to curb financial irregularities by self-help groups and money lenders, Maharashtra government has decided to start facilities in 20,000 state Gram Panchayats. There are around 28,000 in the state and out them 20,000 would have the e-banking ...

Wahana Bersama garbage bank, part of Cahaya Maju Self Help Group, has creative ways to solve environment problems in Siantan Tengah. Members of the garbage bank consistently advocate people to stop defecating in the river and throwing garbage ...

MUMBAI: The Reserve Bank said it has decided to accord recognition to industry associations as self regulatory organisations of non-banking financial companies that are engaged in micro finance (NBFC-MFIs). The central bank said this was done ...

- Independent research firm Aite Group finds that the presence of poor data quality in a bank's stress tests can lead to an adverse conclusion by regulators about the bank's ability to accurately monitor business risks. Trillium Software , A Harte ...

Number of self help groups linked to banks has also shown a decline

For the first time in two decades and since inception, the number of SHGs ( self help groups) linked to banks have shown a decline. This apart, non-performing asset (NPAs) in the SHGs bank-liked programme have reached an “alarming” level of 7%, ...

Building programme for Teinyaknü Self Help Group under Ongpangkong South Block (ATMA) was conducted at Chungtia village, Mokokchung district on November 19. Formation of Self Help Group, its functions, proper keeping of records and opening of ...

Tempers flared yesterday during an annual general meeting of a cooperative society when a member who claimed to have privileged information about an official vying for one of the seats attempted to use it to have him dropped from the management ...