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Tag: banking in rural india

Women business correspondents help cut NPAs of self-help groups

Posted on February 21, 2024 By admin
Women business correspondents help cut NPAs of self-help groups

A file photo of Rural Development Minister Giriraj Singh  | Photo Credit: PTI At a time when the gross Non-Performing Assets (NPAs) of the public sector banks is at 5%, the corresponding figure for the loans taken by women Self-Help Groups (SHGs) is 1.6%, coming down from 9.58% in 2014. This significant cut in NPAs…

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