Question 666
Which among the following banks started Women Self-Reliance Programme in Assam? (Sep)
Answer
State Bank of India
Why?
The correct answer is State Bank of India . State Bank of India started Women Self-Reliance Programme in Assam. State Bank of India started a programme by the name “ Mahila Atmanirbharshil Aachani ” (Women Self-Reliance programme) to accelerate SHG (self-help group) finance in the bank in a mission mode. Important Points The representative from SBI stated that women SHGs are very creditworthy in rural areas of Assam because it relies on social collateral rather than on financial collateral. SBI aims to cover more number of women SHG for sustainable development. This programme empowers the women to create their micro-enterprises for self-reliance and to maintain a sustainable economic condition. The basic objective of the programme is to create a strong bonding with the Self Help Group member besides extending credit linkages to the women SHGs nurtured and sponsored by NRLM (National Rural Livelihoods Mission), Assam for self-reliance and economic upliftment. Additional Information SBI branches of Assam sanctioned 856 numbers of Self Help Groups sponsored by NRLM (National Rural Livelihoods Mission) with a financial outlay of Rs.38 crore on the launching day of the programme.
