What is the SHG-bank linkage programme of
National Bank for Agriculture & Rural Development (NABARD) ?
With a view to facilitating smoother and more
meaningful banking with the poor, a pilot project for purveying micro credit by
linking Self-Help Groups (SHGs) with banks was launched by NABARD in 1991-92.
Reserve Bank of India (RBI) had then advised commercial banks to actively
participate in this linkage programme. The scheme has since been extended to
RRBs and co-operative banks.