PNB Partners with Tamil Nadu for Women's Empowerment: Easier Loans for SHGs
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News18•31-01-2026, 22:14
PNB Partners with Tamil Nadu for Women's Empowerment: Easier Loans for SHGs
- •Punjab National Bank (PNB) signed an MoU with the Tamil Nadu State Rural Livelihood Mission (TNSRLM) to support women's self-help groups (SHGs).
- •The agreement, signed at the 'Tamil Nadu Global Women Support 2027' event in Chennai, aims to strengthen women-led economic activities.
- •PNB will provide investment assistance, credit facilities, and financial guidance to enhance the business capacity and sustainable growth of SHGs across Tamil Nadu.
- •TNSRLM, implemented since 2012-13, focuses on improving women's livelihoods and financial stability through SHGs, funded by central and state governments.
- •PNB is actively involved in various sectors, signing MoUs for IT, AI, cybersecurity, automobile dealer funding, salary/pension accounts, and green energy loans.
Why It Matters: PNB and Tamil Nadu government collaborate to provide easier loans and financial support for women's self-help groups.
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