10 Questions
Who is responsible for maintaining the database on SHGs currently?
NABARD
What is the potential long-term requirement for the sustainability of the SHG model?
Federal structure
What is the focus of the annual handbook published by NABARD?
SHG Bank linkage programme
What is the suggested role of NABARD in terms of data collection?
Collecting and compiling data on the entire microfinance sector
What is the regulatory framework for MFIs in India currently?
No distinctive regulatory framework
What is the suggestion for building the corpus of the MFDEF?
A portion of profits from banks
What is the incentive suggested for banks to contribute to the MFDEF?
Tax relief
Who are the main promoters of the SHG programme?
Banks and NABARD
What is the potential benefit of a federal structure for SHGs?
Long-term sustainability
What is the role of the RBI and the Government in the SHG programme?
Development role
Test your knowledge of the guidelines and regulations set by the RBI for payment banks, including their scope of activities, fee income, and remittance services. Learn about the opportunities and restrictions for corporate houses, telecom players, and retail chains.
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