Grameen Credit Score

PRELIMS BITS: 

  • Objective: To formalize self-help group (SHG) transactions within India’s credit system, allowing better financial assessment.
  • Benefits:
    • Financial Inclusion: Improves access to financial services for rural women entrepreneurs.
    • Credit Cards for Micro-enterprises: Customized credit products, with limits up to ₹5 lakh.
    • Improved Credit Assessment: Digital framework for assessing creditworthiness.
    • Economic Impact: Promotes economic stability in rural areas.
  • FAQs: Includes definitions of SHGs, credit score, and financial inclusion.
« Prev July 2025 Next »
SunMonTueWedThuFriSat
12345
6789101112
13141516171819
20212223242526
2728293031