Govt signs MoU with 13 Banks to promote Employment in Rural Areas

The Ministry has signed MoUs with the 13 Banks to promote employment and enterprise financing in rural areas.

List of Banks having signed MoUs with the Ministry

Sl No	Name of Bank
1	State Bank of India
2	Bank of Maharashtra
3	Bank of India
4	Bank of Baroda
5	Canara Bank
6	Central Bank of India
7	Indian Bank
8	Indian Overseas bank
9	Punjab National Bank
10	Punjab & Sind Bank
11	UCO Bank
12	Union Bank of India
13	IDBI Bank Ltd.

These Banks have helped generate employment in rural areas by financing Self-Help Groups (SHGs). Banks have provided a total loan of Rs.384,592.53 Lakhs to SHGs in 2024-25.

No. of Women SHG members financed for setting up individual enterprises (2024-25)

S.No.	State/UTs	SHG members financed (No.)	Amount Financed (In Lakhs)
1	Andaman & Nicobar	0	0.00
2	Andhra Pradesh	73186	111331.00
3	Arunachal Pradesh	33	84.00
4	Assam	21687	27101.00
5	Bihar	3834	4600.80
6	Chhattisgarh	4968	5674.22
7	Goa	96	316.40
8	Gujarat	15901	18273.22
9	Haryana	940	928.25
10	Himachal Pradesh	278	443.80
11	Jammu & Kashmir	136	120.20
12	Jharkhand	9443	7189.37
13	Karnataka	20378	29944.54
14	Kerala	15928	23891.00
15	Ladakh	0	0.00
16	Lakshadweep	0	0.00
17	Madhya Pradesh	14091	19781.00
18	Maharashtra	48510	50520.30
19	Manipur	217	164.67
20	Meghalaya	1580	845.66
21	Mizoram	120	93.35
22	Nagaland	32	70.00
23	Odisha	0	0.00
24	Puducherry	0	0.00
25	Punjab	515	507.20
26	Rajasthan	5384	4857.00
27	Sikkim	5	7.00
28	Tamil Nadu	31746	62091.27
29	Telangana	0	0.00
30	Dadra & Nagar Haveli & Daman & Diu	0	0.00
31	Tripura	265	412.00
32	Uttar Pradesh	934	263.20
33	Uttarakhand	1648	1582.80
34	West Bengal	10773	13499.28
Total		282628	384,592.53