2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC Bank
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Canara Bank
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ICICI Bank
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YES Bank
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Detailed explanation-1: -K Venkatesh, Head – Sustainable Livelihood Initiative, HDFC Bank. Notably, HDFC Bank was the only Private Bank to be felicitated for remarkable work in SHGs – by the National Rural Livelihood Mission (NRLM).
Detailed explanation-2: -HDFC Bank has been adjudged Best Performing Bank in SHG Linkage by National Rural Livelihood Mission (NRLM), Ministry of Rural Development, Govt of India. At a function organised at Vigyan Bhavan, New Delhi, the award was presented by Giriraj Singh, Hon’ Minister of Rural Development to Mr.
Detailed explanation-3: -Notes: HDFC Bank Limited has been adjudged Best Performing Bank in Self Help Group (SHG) Linkage by Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM).
Detailed explanation-4: -NABARD Financial Services Ltd. ( NABARD is the major shareholder of this MFI others being Government of Karnataka, Canara Bank, Union Bank of India, Bank of Baroda, Federal Bank and Dhanalakshmi Bank. NABFINS extends loans to SHGs through its own trained Business & Development Correspondents (BDCs).
Detailed explanation-5: -Indian Bank Bags Award from NABARD 2022.