Bank linkage covers 86 lakh SHGs

first_imgPanaji: As many as 85.77 lakh self-help groups across the country with aggregate savings of ₹16,114 crore have been linked as part of the bank linkage programme of the National Bank for Agricultural And Rural Development (NABARD). S.T. Kannan, General Manager of the Reserve Bank of India’s Goa regional office, said at an event on Thursday that over 48 lakh SHGs have aggregate credit outstanding of ₹61,581 crore with various banks. Although poverty levels in Goa are low, it has over 7,400 SHGs with aggregate loan outstanding of ₹29.80 crore, he said.last_img