Current Affairs - Important Days - Discussion

Karnataka Vikas Grameena Bank (KVGB) has introduced 'Vikas She Plus', a loan scheme for women to help them with new ventures and for expanding or modifying their existing businesses. The Vikas She Plus scheme offers loan up to a maximum of Rs 2 lakh. Repayment period for the loan is 60 months under this scheme. KVGB aims to reach out to 5,000 women entrepreneurs under the 'Vikas She Plus' scheme by the end of this financial year. KVGB has stated that, it has offered loans amounting to Rs 22 crore to nearly 2,500 women on the day the scheme was launched itself.