Indian Bank to lend Rs 200 billion to SHGs this fiscal
23 Apr 2025 CW Team
Indian Bank will disburse over Rs 200 billion to Self Help Groups (SHGs) across India in FY25, with a focus on empowering women-led enterprises and promoting grassroots entrepreneurship.
At a Mega SHG Credit Outreach Programme held in Bhubaneswar, the bank sanctioned loans worth Rs 5 billion to 9,961 SHGs in Odisha alone. The event highlighted successful ventures in handicrafts, agri-processing, and textiles and featured stories of rural women entrepreneurs transforming local economies.