Grameen Credit Score Scheme

The Grameen Credit Score Scheme was announced by Finance Minister Nirmala Sitharaman in the 2025 budget.

• Aims to enhance financial inclusion for Self Help Groups (SHGs) and rural women entrepreneurs in India.
• Public Sector Banks will develop a ‘Grameen Credit Score’ framework to serve the credit needs of SHG members and rural populations.
• This initiative represents a shift in assessing the creditworthiness of millions of women involved in SHGs, aligning them with India’s formal financial system.
• The scheme seeks to restore credit discipline in the microfinance sector by providing a standardized assessment of creditworthiness.