NEWS & ADVICE : HOME LOANS
Womens' groups demand priority sector lending stature
By Joseph Samson
Nov 4, 2011
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The interstate delegation of women has set the demand of being given the stature of being considered under priority sector lending.

The leader of the delegation, Ms Brinda Karat recently met governor of Reserve Bank of India, Mr D Subbarao in order to discuss the issue of increasing banking amenities being offered to women driven self help groups (SHGs).

Also, demand for regulation of microfinance institutions (MFIs) which are in deep turmoil was placed before the apex bank head.

She said that women groups showed splendid records in terms of repayments and they should be given priority sector stature which would enable them to avail loans at reduced rates and thus grow.


 


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