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Collateral-free loans for self-help groups increased from 10 to 20 lakh

The RBI, in its official modified circular, directed that for loans to SHGs above ₹10 lakh and up to ₹20 lakh, no collateral should be charged and no lien should be marked against the savings bank account of the SHGs.

The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai. (File Photo / REUTERS)
Published on Aug 19, 2021 10:28 AM IST
Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

PM Modi to participate in ‘Atmanirbhar Narishakti se Samvad’ today

Most of the mission’s works are being implemented and stepped up by the SHG women, who are trained as community resource persons (CRPs).

Prime Minister Narendra Modi will also participate in ‘Atmanirbhar Narishakti Se Samvad’ at 12:30pm.(PTI)
Published on Aug 12, 2021 09:56 AM IST
Written by Susmita Pakrasi | Edited by Meenakshi Ray, Hindustan Times, New Delhi
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