International Journal of Commerce and Management Research

Authors
B Parimala Devi, D Anjaneyulu

Abstract
Global trends have shown that in order to achieve inclusive development and growth, the expansion of financial services to all sections of society is of utmost importance. Micro-credit plays an important role in promoting the financial inclusion in rural India. The SHG Bank linkage program (SBLP), a group approach of micro finance evidently appears to have created craved results. The SBLP model has proved successful with advantages such as regular savings, regular repayment of loan and reduction in transaction cost. Self-Help-Group Bank Linkage Programme initiated by NABARD has a great potential in the sphere of micro credit, as it has successfully blended with profitability criteria through social banking under an appropriate policy support towards low-cost in the form of low interest rate. This paper presents the overview of progress of SBLP in Kurnool district of Andhra Pradesh.