This is a framework evolved to help Self Help Groups (SHGs) and the citizens in rural India. The primary responsibility of developing this scheme is going to be enshrined on the public sector banks.
The proposed Grameen Credit Score will enable banks to extend more loans to rural women, known for prompt repayments, by ...
MFI, will borrow USD 50 million from IFC to expand reach to 40 lakh women borrowers, particularly those in agriculture.
Creditaccess Grameen has announced a $50 million external commercial borrowing deal with the International Finance Corporation. The funds aim to aid up to 4 million women borrowers engaged in ...
The announcement is significant in view of property cards being distributed under the Centre’s SVAMITVA Scheme, which are expected to spur credit demand in rural areas.
Tucked away as an innocuous para in the Budget document, it says "PSBs will develop a 'Grameen Credit Score' framework to ...
The backdrop of the proposal is significant given that India's rural landscape comprises approximately 0.65 million villages ...
The Union Budget’s proposal for public sector banks to have a Grameen Credit Score (GCS) framework for self-help groups is ...