Current Affairs - Business - Discussion

Repco Micro Finance, a Non-Banking Financial Company (NBFC)-Micro Finance Institution (MFI) promoted by Repco Bank, was awarded for outstanding performance in terms of Self-Help Group (SHG) linkage in Tamil Nadu for 2018-19 from National Bank for Agriculture and Rural Development (NABARD).It operates from 90 branches in Tamil Nadu and Puducherry and has an employee strength of about 600 people. It has provided SHG loans worth Rs 3,600 crore to over 12 lakh individual beneficiaries through 60,000 SHGs.