Page 41 - Banking Finance September 2019

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keeping easy for low literacy clients. This will help in Y Reports generated in the formats as required by
promoting national agenda of Financial Inclusion and pave stakeholders like bankers
the way of credibility of SHG data which can later be used
Y Inbuilt automatic grading of SHGs based on NABARD/
by Credit Bureaus to reduce the issues related to multiple IBA(for NRLM) norms
financing by banks.
Y Auto generation of loan application for the bankers on
input of resolution to borrow by SHG
Stakeholders of the programme
Y Mapping of the existing SHGs in the district (bank wise,
Rural poor community and members of SHGs, Self Help
Promoting Institutions (SHPI), (NGOs), Banks, NABARD, branch wise)
Government development departments and agencies like Y Training of volunteers to collect SHG wise/ member wise
SLRM, NLRM etc. At a later stage Credit Bureaus may also data
be on board. Y Data feeding through a customised software in central
server
Attributes of the programme Y Maintaining data centre and data recovery centre

Y E-book keeping for the SHGs
Y Regular update of the transactional data
Y Regular updates of transactional data
Y Generating MIS for various users

Progress of digitisation of SHGs as on 04-03-2019. Given in below diagram:

Progress on 04/03/2019

60,590 4,31,178 47,53,097 2,040.73 Crs

Villages covered Groups covered Number of Members Cumulative savings

45,94,195 11,521 298
Number of Women Bank branches involved Implementing Agencies
Members

MIS & loan
Capture SMS alerts
Master data Regular to members application
(Social & updates with & bosting generation for
Financial) Mobile App of data Banks & other
stakeholders

BANKING FINANCE | SEPTEMBER | 2019 | 41