Workshop held on self help group-bank linkage

SRINAGAR: To address the issues and challenges confronting self help groups (SHG) in their bank linkages, a daylong workshop was organised on Monday by UMEED (NRLM) at JKEDI’s Pampore campus.
The workshop was attended by the representatives of RBI and NRLM, district managers, lead bank officers, branch heads of NRLM blocks, Mission Director UMEED (NRLM) Arun Kumar Manhas, and Resident Consultant NMMU Farooq Ahmad Peer.
In the inaugural session, Resident Consultant NMMU informed the audience about NRLM perspective and framework.
RBI representative Ashok Kumar Angural threw light on RBI guidelines complying with NRLM framework. He insisted that bankers should adhere to RBI guidelines in letter and spirit “so that poor are benefited to a large extent”.
DGM NABARD Dinesh Kapila emphasised on SHG-bank linkage movement and role of different stakeholders. He said attitude of the bankers must be “facilitative in nature” and “coherent to meet” the financial needs of the SHG.
The session concluded with detailed presentation by Mission Director NRLM, in which he focused on the need of providing “fair credit” to poor.
He also focused on the need to bridge the gap between UMEED (NRLM) and the banking community for effective implementation.
The parameters that bankers need to follow were detailed in different sessions to provide an in-depth analysis of SHG-bank linkage. It paved way forward for all the stakeholders to learn and deliberate on issues and to come up with realistic outcomes.