Social Justice & Welfare·Amendments
Microfinance and SHGs — Amendments
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Version 1Updated 5 Mar 2026
| Amendment | 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. |