Ref.No.NB.MCID/ 502 /SHG-JLG-Mon/ 2018-19
Circular No: 119 / MCID- 02 / 2018
25 May 2018
All State Cooperative Banks/ District Central Cooperative Bank
Dear Sir/ Madam
Submission of Progress Report under SHG-Bank Linkage / JLG Programme
The captioned progress report is submitted by Banks to NABARD on Half yearly basis i.e. 31 March / 30 September as per NABARD instructions (NB.MCID/812/ SHG-1 (Policy)/2014-15 dated 26 Nov 2014 and NB.MCID/H-197/ SHG-Mon./2015-16 dated 26 May 2015). The progress report is submitted by banks on Ensure portal of NABARD since 31 March 2017.
2. For ensuring availability of data at shorter frequency for timely policy interventions, RBI vide letter no. FIDD.CO.FID.No.3387/12.01.033/2018-19 dated 26 April 2018, addressed to all Scheduled Commercial Banks/ SFBs on the captioned subject, has advised to collect the progress report under Microfinance on quarterly basis.
3. Accordingly, we advise that henceforth the progress report may be submitted on ENSURE portal by RRBs, StCBs and DCCBs to NABARD on a quarterly basis. The first such progress report as on 30 June 2018 may be submitted on ENSURE portal not later than 15 July 2018 and the subsequent returns within 15 days of the quarter to which the report relates.
4. Please acknowledge the receipt.
(K. Venkateswara Rao)
Chief General Manager