Activities of Self-Help Groups (SHGs)

(This article elucidates about self-help groups, their activities, loan facilities from banks, advantages of lending to SHGs, Aajeevika- National Rural livelihoods Mission (NRLM) for women SHGs in rural areas.) Women Self Help Group (SHG) is the group voluntarily formed by 10-20 women involved in livelihood activities like making candles, artificial jewellery, pavement vendors, hawkers, tailoring…

Dealing in Priority Sector Lending Certificates (PSLCs)

[This post answers on many questions like ‘What is a PSL certificate?’, ‘Who needs PSLCs?’, ‘How the limit for issuance of each category of PSLC is decided?’ ‘How the PSLC transactions are computed for determination of PSL target/sub-targets?’, ‘Is there any expiry date to PSLCs?’, ‘Whether the loan assets or risks of loan defaults are…