2. As indicated in pararagraph 7 of the above circular, detailed guidelines for opeartionalisation of the Interest Subvention Scheme under NRLM for the SHG credit during the year 2013-14, as received from the Ministry of Rural Development, Government of India are annexed. Banks are advised to follow the instructions for opeartionalisation of the Scheme.
3. NABARD will issue separate guidelines to Regional Rural Banks and Cooperative Banks in the matter.
Yours faithfully,
(R. K. Moolchandani) General Manager
Encl: As above
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