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    FinMin proposes new scheme of lending to SHGs at 18%

    The finance ministry is pulling out all stops to further financial inclusion. The ministry has asked banks to tie up with NGOs as business correspondents in a pilot project to lend to self help groups (SHG). As a result lending rate for SHGs may go up, reports CNBC-TV18's Gopika Gopakumar.

    first published: Jan 9, 2012 10:39 pm

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