Microfinance and SHGs — Policy Reforms

Entry	Year	Description	Impact
NABARD Act Amendment	2018	Enhanced NABARD's mandate to include digital financial services and fintech integration, allowing it to support technology-driven financial inclusion initiatives and provide refinance for digital lending platforms.	Enabled NABARD to adapt to the digital transformation of rural finance and support innovative microfinance delivery models, facilitating the integration of SHGs with digital payment systems and online platforms.