SELF HELP GROUP BANK LINKAGE PROGRAMME

Poverty alleviation has been the agenda for many developing and underdeveloped countries. In this context bring the poor under the ambit of the banking system has gained importance thus paving the way for financial inclusions schemes. It is considered that by bringing the poor under the regulated system they can be provided with a variety of financial services. Thus provision of micro credit through micro finance institutions has gained importance. Micro finance through self help groups has gained importance over the years. As banks have a wide established network, reaching the mass is considered to be more effective. This led to introduction of SHG-Bank Linkage Programme in 1992 by NABARD, along with the RBI. This paper tries to traverse through the progress of this particular scheme over the years in achieving the objective of reaching out to the poor