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Indian Bank eyes to disburse Rs 20,000 crore to SHGs in FY26

21 Apr 2025 Evaluate

Indian Bank has set a target to disburse Rs 20,000 crore to Self Help Groups (SHGs)  nationwide during the current financial year (FY26). The bank conducted a 'Mega SHG Credit Outreach Programme' in Bhubaneswar towards this vision. 

As part of a pan-India initiative by the Department of Financial Services, the programme in Odisha marks Indian Bank's contribution to the national mission of empowering one crore SHG Women with 'Credit Access’. A total of 9,961 Self Help Groups received sanction letters amounting to Rs 509.91 crore providing financial support to grassroots women entrepreneurs on the occasion. 

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.


Peers
Company Name CMP
State Bank Of India 992.50
PNB 117.95
Bank Of Baroda 235.80
Canara Bank 125.45
Union Bank Of India 178.90
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