SHG women working as Business Correspondents for banks (BC Sakhis) and Bank Sakhis are playing a vital role in disbursement of first tranch of ex-gratia of Rs.500/- to women PMJDY accounts amidst COVID-19 Lockdown.
About:
BC Sakhis are Self-Help Groups (SHGs) women working as Business Correspondents for banks.
A Bank Sakhi is someone who has been an SHG member involved in conducting banking and book-keeping activities of the group.
As a Bank Sakhi, she provides a range of financial services on behalf of the bank to her community and is supported by the local SHG federation which provides capacity development, training, and financial awareness in the community.
She is paid a commission by the bank for different services, which covers her costs and provides her with an income.
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