Deepening Micro-finance

Vol-3 | Issue-09 | September 2018 | Published Online: 07 September 2018    PDF ( 409 KB )
DOI: https://doi.org/10.5281/zenodo.1409047
Author(s)
Dr. R Shashidhar 1; Dr. K. C. Shivashankar 2

1Assistant Professor, DoS & R in Business Administration, Tumkur University, Tumakuru, Karnataka (India)

2Assistant Professor, DoS & R in Business Administration, Tumkur University,Tumakuru, Karnataka (India)

Abstract

Micro-finance in India has been in the news for all the wrong reasons, unfortunately. Micro-finance need not be looked upon in the manner the Reserve Bank of India (RBI) defines it or other government agencies look upon it. Such an outlook is uncalled for at least in the Indian context. Such an outlook gives rise to avoidable controversies, mutual recriminations and confusion in the investing community and the end-users of micro-finance as well.

Keywords
RBI, MFI, Window-dressing, Moneylenders, Financial literacy
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