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  Published Paper Details:

  Paper Title

STATUS OF MICRO FINANCE IN INDIA - A REVIEW

  Authors

  Dr.V.Rathnamani

  Keywords

MFIs, NBFCs, Governance, Regulatory Control.

  Abstract


The concept of micro finance is not new in India. Micro finance is a general term used to encompass a vast variety of financial services to serve the poor, such as micro credit, micro savings, and micro insurance and fund transfers. Microfinance is an economic development tool whose objective is to assist the Poor to work their way out of poverty. It covers a range of services which include, in addition to the provision of credit, may other services such as savings, insurance, money transfers, Counselling etc. Micro finance is an important tool for improving the standard of living of poor. This present study explains the credit performance provided by various banks and NBFC sectors and explores some suggestions to make micro finance more effective and to describe the role of Micro Finance Institutions in developing the conditions of people who are living in rural areas.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2003038

  Paper ID - 192067

  Page Number(s) - 282-293

  Pubished in - Volume 8 | Issue 3 | March 2020

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr.V.Rathnamani,   "STATUS OF MICRO FINANCE IN INDIA - A REVIEW", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.8, Issue 3, pp.282-293, March 2020, Available at :http://www.ijcrt.org/papers/IJCRT2003038.pdf

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ISSN: 2320-2882
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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