Which of the following banks has recently unveiled a research study named 'Of the Women, By the Women, For the NATION' highlighting the evolving dynamics of Self-Help Groups (SHGs) in India and delves into the patterns of credit utilisation and digital behaviours among SHGs, their members, and the emerging group known as 'Lakhpati Didis'?
Current Affairs
Banking
Difficulty: Medium
Choose an option
-
AState Bank of India
-
BIndian Bank
-
CUnion Bank of India
-
DCanara Bank
-
EBank of Baroda
Answer
Correct Answer: State Bank of India
Explanation
### Concept & Verification
Current affairs and banking awareness regarding institutional research on women empowerment and Self-Help Groups (SHGs).
### Step-by-Step Solution
* The research study titled 'Of the Women, By the Women, For the NATION' was released by the Economic Research Department of the State Bank of India (SBI).
* It highlights the economic contribution and evolving dynamics of SHGs, particularly focusing on the 'Lakhpati Didi' initiative.
* The report delves into credit utilization patterns and digital behaviors of women within these groups.
### Exam Strategy & Shortcut
For banking current affairs, directly associate key flagship reports (like those on SHGs or Lakhpati Didis) with major public sector banks, predominantly SBI, as they have the largest rural network.
### Common Pitfall
Confusing this with reports from NABARD or the Ministry of Women and Child Development, which also heavily publish on SHGs.
### Final Answer
Therefore, the correct answer is **State Bank of India**.