Repco Micro Finance Ltd wins 2018 NABARD award for its service to Self-Help Group (SHG) linkage
Repco Micro Finance Ltd (RMFL), a non-banking finance company promoted by Repco Bank, has won the 2018 NABARD award for its service to Self-Help Group (SHG) linkage in Tamil Nadu for the fiscal year 2017-18. Since its inception, the NBFC has disbursed loans amounting to Rs 2,500 crore to over 10 lakh beneficiaries through 50,000 SHGs.
Topics: BASIX • Economy • Microfinance • National Bank for Agriculture and Rural Development • Repco Bank • Rural community development • Self-help group
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