Tuesday, November 27, 2012

Nabard raises concern over rising NPAs in SHG lending


n the one hand, the number of self-help groups (SHGs) obtaining a loan from banks has been coming down over the years, indicating weakening of the movement in India. On the other, increasing bad loans from SHG portfolios are keeping commercial banks from lending to them. The National Bank for Agriculture and Rural Development (Nabard) has already raised an alarm over rising non-performing assets (NPAs) in SHG lending, in its recent report called Status of Microfinance in India, 2011-12............

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