SHG-Bank Linkage in India in the third Millennium

Pillai, Rajasekharan (2014): SHG-Bank Linkage in India in the third Millennium.

Abstract

India embraced financial inclusion as a major macroeconomic reform initiative to amplify the social approach of banking even in the era of privatisation of banking and finance. The SHG-Bank linkage programme is trying to build partnership between an entrepreneurial class and repository of finance. A growing country like India, with perceptible rural-urban divide, has ample potential to develop and nurture entrepreneurial culture. Bank nationalisation gave an impetus to the social approach of banking. The broad based role of financial inclusion is possible only through the focus oriented partnership of government, banking institutions, RBI, NGOs, MFIs and SHGs. The present paper reviews the SHG-Bank linkage programme during 2001 to 2010 in Indian perspective.

• Item Type: MPRA Paper
• Language: English
• Keywords: financial inclusion, micro-credit, micro finance, NABARD, pro-poor banking, SHG-Bank Linkage
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

References

Aniket, K. 2006. Self Help Group Linkage Programme: A case Study, available at www.http//aniket.co.uk/research/casestudy.pdf, accessed on 25/11/2011

Datt, R. & Sundaram, K. P. M. 1998. Indian Economy, 38th revised edn. New Delhi: S. Chnad & Company Ltd.

GoI. 2004. The Economic Survey. New Delhi: Government of India

GoI. 2008. The Economic Survey. New Delhi: Government of India

GoI. 2011. The Economic Survey. New Delhi: Government of India

NABARD. 1995. Linking Self-Help Goups with Banks – An Indian Experience. Bombay: National Bank for Agriculture and Rural Development

NABARD. 2006. Annual Report. Bombay: National Bank for Agriculture and Rural Development

NABARD. 2008. Annual Report. Bombay: National Bank for Agriculture and Rural Development

Karmakar, K. G. 1999. Rural Credit and Self Help Groups: Micro-finance needs and concepts in India. New Delhi: Sage Publications.

Kumar, P. & Golait, R. 2009. Bank Penetration and SHG-Bank Linkage Programme: A Critique, RBI Occasional Papers, Vol. 29 (3), pp. 119 – 138.

Sreekandaradhya, B. S. 2004. Banking and Finance: Perceptions on Reforms. New Delhi: Deep & Deep Publications Pvt. Ltd.