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Principles & Practices of Banking

Unit – 24 : Self Help Groups

1. Registration of SHG is compulsory if the number of members is more than 20 (normally an SHG has 5-20 unemployed educated members).

2. The SHG should meet weekly or fortnightly and devise a code of conduct (Group Management Norms) to bind itself.

3. The SHG builds a group corpus fund by voluntary saving from members.

 

 


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