Payment Bank Guidelines and Regulations
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Questions and Answers

Who is responsible for maintaining the database on SHGs currently?

  • Government of India
  • NABARD (correct)
  • Banks
  • RBI
  • What is the potential long-term requirement for the sustainability of the SHG model?

  • Independent regulatory body
  • Federal structure (correct)
  • Government subsidies
  • Autonomous bank branches
  • What is the focus of the annual handbook published by NABARD?

  • Rural development in India
  • SHG Bank linkage programme (correct)
  • Microfinance in India
  • Banking regulations in India
  • What is the suggested role of NABARD in terms of data collection?

    <p>Collecting and compiling data on the entire microfinance sector</p> Signup and view all the answers

    What is the regulatory framework for MFIs in India currently?

    <p>No distinctive regulatory framework</p> Signup and view all the answers

    What is the suggestion for building the corpus of the MFDEF?

    <p>A portion of profits from banks</p> Signup and view all the answers

    What is the incentive suggested for banks to contribute to the MFDEF?

    <p>Tax relief</p> Signup and view all the answers

    Who are the main promoters of the SHG programme?

    <p>Banks and NABARD</p> Signup and view all the answers

    What is the potential benefit of a federal structure for SHGs?

    <p>Long-term sustainability</p> Signup and view all the answers

    What is the role of the RBI and the Government in the SHG programme?

    <p>Development role</p> Signup and view all the answers

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