So Micro-finance is considered to be revolutionary because it aims at servicing the poor who were unfit to get financial services before. However, its growth is obstructed by various regulatory and operational hurdles are threatening the smooth functioning of Microfinance Institutions (MFIs). The ...
MICRO-FINANCE IN INDIA- A WAY FORWARD Vidwat: The Indian Journal of ManagementKaur, HardeepKaur, Jasmindeep
1 MicroFinanceinIndia overview,challenges,andtheroleof technology ByAnnieDuflo CentreforMicroFinanceResearch October28,2005 2 Outlineofpresentation •Whatismicrofinance? •Providingfinancialservicestothepoor: challenges •Providingfinancialservicestothepoor inIndia:Overview •Microfinance:Challengesaheadand poten...
We examine the efficiency-outreach debate in the context of Indian Micro Finance Institutions (MFIs). We employ the stochastic distance function approach for 75 MFIs during 2004-2011. We find that there are significant inefficiency effects but efficiency is improving over time. Among the determinants...
In India, a Microfinance Company is a financial institution which provides small-scale financial services in the form of loans, credit or savings. These Microfinance companies are introduced to ease the credit system for small businesses as they don't get loans from banks due to their complex pr...
Since independence (1947) the Government of India has taken up various activities/programmes and financial services schemes under its Five Year Plans for adequate and timely institutional credit to the rural sector. The rural credit delivery system...
Dr. Neelam AroraAora N (2014). Role of Microfinance in India- Changing face of poor Population. Sai Om Journal of Commerce and Management., Volume (1)1, 2014.Role of micro finance in India-changing face of poor population. DR. Neelam Arora. Journal of Commerce and Management . 2014...
Micro finance is one such intervention that aims at poverty reduction by providing basic financial services to the underserved section of the society at affordable cost. Microfinance can play a vital role to raise the living standard of people at a faster rate. In most cases, microfinance and ...
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Indian people walk across a hoarding of Bandhan Bank in Kolkata, capital of eastern Indian state West Bengal, on Aug. 23, 2015. Bandhan is the first micro finance company to transform into a bank and launched on Sunday in the city. (Xinhua/Tumpa Mondal) ...