The moderate off take ended up being a gift for the less advantaged who are generally disregarded regarding bank loans. Banks which are headed by the United Bank of India and are operational in West Bengal are racing to provide financial help towards self help groups (SHG) by doubling their overdraft limits and empower obtaining.
In West Bengal, loans provided to SHGs by banks are anticipating that this move will help in the growth, which when experiences infiltration of low bank credit. On an average, in West Bengal, the loan provided to SHG is around Rs.54,000 for each group compared to Rs.885000 crore, in the average nationally.
The reason for the success in the SHG program in Andhra Pradesh, is because banks have dispensed what added up to Rs.15,000 crore to about 10 lakhs SHGs, As per a request made by National Bank for Agriculture & Rural Development to various financial lenders operating in West Bengal, they have been informed to increase the loan size provided to SHG's just like how UBI has done.