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State Bank Of India
BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1017.15
-60.40 (-5.61%) SBI inks MoU to promote JLGs in West Bengal
Date: 03-01-2018State Bank of India (SBI) and rural development bank NABARD have inked a Memorandum of Understanding (MoU) with five NGOs of West Bengal state for promoting 2,500 Joint Liability Groups (JLGs). These JLGs operate in Purulia, West Midnapore, East Midnapore, Burdwan and North 24 Parganas districts of West Bengal.
The MoU for promotion of 2,500 JLGs in the state will facilitate SBI to extend financial assistance to the financially excluded sections of the society, especially landless farmers.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.