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1. Which financial institution has teamed up with Muthoot Microfin to empower rural women entrepreneurs?
Muthoot Microfin Limited has entered into a strategic co-lending partnership with the State Bank of India (SBI) to provide financial support to women entrepreneurs in rural and semi-urban areas across India. This collaboration aims to extend financial services to Joint Liability Groups (JLGs) engaged in various income-generating enterprises, with loan amounts ranging from Rs 10,000 to Rs 3,00,000.