question_answer

'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by?

A) Reserve Bank of India (RBI)

B) Agricultural Refinance and Development Corporation (ARDC)

C) National Bank for Agriculture and Rural Development (NABARD)

D) Non-Banking Finance Companies (NBFC)