Short note on Micro Finance Institutions (MFI) bill-2011

Reddy, A A (2012) Short note on Micro Finance Institutions (MFI) bill-2011. Financial Regulation International. pp. 1-5. ISSN 1473-3323

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Abstract

Microfinance industry is growing at faster rate in recent years with about 62% per annum in terms of numbers of borrowers and 88% per annum in terms of credit over the past five years. India had the world's largest microfinance market by number of borrowers, at 2.56 crore, and ranked fourth in terms of loan portfolio (Rs.20,000 crores) as on March 2010. It exceeds the number of borrower accounts served by the Regional Rural Banks by as much as 50% and represents 40% of the total number of micro-borrower accounts (of value less than Rs 25,000) in the entire Indian financial system...

Item Type: Article
Divisions: UNSPECIFIED
CRP: UNSPECIFIED
Subjects: Others > Agriculture-Farming, Production, Technology, Economics
Depositing User: Users 6 not found.
Date Deposited: 17 Jan 2012 04:58
Last Modified: 16 Aug 2013 10:59
URI: http://oar.icrisat.org/id/eprint/5332
Official URL: http://www.i-law.com/ilaw/doc/view.htm?id=278631
Projects: UNSPECIFIED
Funders: UNSPECIFIED
Acknowledgement: UNSPECIFIED
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