AN ANALYSIS OF WOMEN SELF HELP GROUPS LINKAGES WITH BANK
Keywords:Banking performance, total deposits, SHGs activities, loan distribution, recovery of loan, duration of loan, savings
In developed countries, banking system plays prominent role in the formal financial system and serves most of the population but in developing countries, mainly the low-income group, which is a large segment of the society, excludes from banking services, as a result, poor people have to depend either on their own sources or informal sources of finance at high cost. In India, the SHGs constitute a widely accepted development strategy for poverty reduction as they are perceived as powerful vehicle for the promotion of micro-credit and micro-finance especially for women. The SHG model was introduced as a core strategy for empowerment of women in the Ninth Plan (1997-2002) in India (Planning Commission), 2002. It is the largest and fastest-growing micro-finance programme in the developing world. Hence, the present study is undertaken to analyses the SHGs activities with Tuticorin Melur Co-operative Bank Ltd. in Thoothukudi from 2011-12 to 2015-16. This study analyses the phases of deposits bank deposits, pattern of providing loans to SHGs, loan recovery activities, savings of SHG. Trend lines are used for both the bank deposits and the loan distribution to SHGS. Both trend lines are increasing is the positive result for this present study. The questionnaire is made up of both closed and open-ended questions is to get the fullest true picture on which there is no predetermined idea. The details of the bank and Self Hel Groups activities were collected from the higher officials of the bank. This study stated that there exists a good relationship with banks and the repayment of loans is also done effectively. SHGs members are satisfied with services by cooperative banks, and overall performance of cooperative banks is good. 95% of the SHGs were repaying their loans amount correctly to the bank. SHG (Self Help Groups) movement has brought a silent revolution in the country.
I. RAC Journal of Research (Journal of Multidisciplinary Research), Volume 2, No.2, August 2016, ISSN: 2230 – 7362.
II. Annual Reports, Tuticorin Melur Co-operative Bank, Thoothukudi, 2011-2016.
III. Dr.Willy Muturi & Norah Jepchirchir Kisera, “Factors Affecting Performance of Women Investment Groups: A Survey of Gucha Sub County, Kisii County”- The international Journal of Business & Management, (ISSN 2321 –8916), Vol 3 Issue 4 April, 2015, Pg: 412- 419.
IV. R. Srikanth and Dr. Kankipati Srinivasa Rao,International Journal in Management and Social Science, Vol.2 Issue-12, (December 2014) ISSN: 2321-1784 Impact Factor- 3.259, Pg: 414-421.
V. Das S K and Bhowal A., Impact of Micro Finance: Perceptions Of Direct Stakeholders of Self-Help Groups. Journal of Business and Economics Research, 2 (6), 2013, Pg:142-157.
VI. Ranjan Kumar Nayak, “Financial Inclusion through Cooperative Banks: A Feasible Option for Inclusive Growth” 2012, Pg: 9-17.
VII. Annual Reposts, District Central Co-operative Bank, Thoothukudi., 2010.
VIII. S. P. Gupta -“Statistical methods”, Thirty eight revised Editions, Sultan Chand & Sons Publishers, 2009, New Delhi.
IX. Banerjee, T., “Economic impact of Self-Help Groups- A case study”, Journal of Rural Development, 28 (4), 2009, Pg: 451 – 467
X. Sivakumar Venkataramany & Balbir B. Bhasin, “ Path To Financial Inclusion: The Success of Self-Help Groups-Bank Linkage Program In India” International Business & Economics Research Journal – November 2009 Volume 8, Number 11, Pg 11-19.
XI. S.M.Sundaran, Banking theory Law and Practice Sree Meenakshi Publications, Karaikudi, 2008.
XII. Dr.R.K. Uppal, Indian Banking Industry in 2020, Mahamaya publishing house, New Delhi, 2008.
XIII. C.R Kothari - Research Methodology Methods & Techniques, Second Edition, New age International publishers, 2007, New Delhi.
XIV. Dasgupta, Rajaram., “Micro-finance in India, Empirical Evidence, Alternative Model and policy Imperatives,” Economic and political weekly, 9 March,2005.
XV. .Ang, M.H.,“Empowering the poor through microcredit”, Entrepreneurship and innovation Management, 4(5), 2004, Pg:485-494.
XVI. Galab S and Rao CN., “Women’s Self-Help Groups, Poverty Alleviation and Employment”, Economic and Political Weekly, 38(12): 1278–83, 2003.
XVII. Kumaran KP., Role of Self Help Groups in Promoting Micro Enterprise through Micro Credit: An Empirical. Journal of Rural Development, 21 (2): 231-250, 2002.
XVIII. Ackerly, B.A. “Testing the Tools of Development: Credit Programs, Loan Involvement and Women’s Empowerment”, IDS bulletin, 26 (3), 1995, Pg:56–68
XIX. Mithani, D.M. Money Banking , International Trade and Public Finance, Himalaya Publishing House, New Delhi, 1992.
How to Cite
Copyright (c) 2021 International Education and Research Journal (IERJ)
This work is licensed under a Creative Commons Attribution 4.0 International License.