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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Bank of India
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Yes Bank
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Canara Bank
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Detailed explanation-1: -The correct answer is HDFC Bank. HDFC Bank has been adjudged the Best Performing Bank in SHG Linkage by the National Rural Livelihood Mission (NRLM), Ministry of Rural Development.
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: -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-4: -Self Help Group – Bank Linkage Programme (SHG-BLP) Based on the observations of various research studies and an action research project carried out by NABARD, the model of ‘SHG-BLP’ has evolved as a cost-effective mechanism for providing financial services to the unreached and underserved poor households.
Detailed explanation-5: -Indian Bank Bags Award from NABARD 2022.