Chennai, April 21 -- Indian Bank, a public sector lender headquartered in Chennai, has announced plans to disburse Rs 20,000 crore to Self-Help Groups (SHGs) across India in the current financial year (FY26).

This initiative aims to empower grassroots women entrepreneurs and support inclusive economic growth.

In a recent 'Mega SHG Credit Outreach Programme' held in Bhubaneswar, the bank sanctioned Rs 509.91 crore to 9,961 SHGs.

The event was attended by M Nagaraju, Secretary of the Department of Financial Services, Binod Kumar, MD & CEO of Indian Bank, and Mahesh Kumar Bajaj, Executive Director.

This programme is part of a nationwide effort to provide credit access to one crore women SHG members, aligning with the government's 'Viksit...