Microfinance

Contents: Preface. Acknowledgement. 1. Indian banking system. 2. Micro finance. 3. Micro finance movement global review. 4. NABARD and Micro finance. 5. SIDBI and micro finance. 6. Commercial banks and micro finance. 7. Regional rural banks and micro finance. 8. Cooperative banks and micro finance. 9. Micro insurance. 10. Micro remittance. 11. Micro pension. Appendix.

Micro Finance is the provision of thrift, credit and other financial services and products of very small amount to the poor for enabling them to raise their income levels and improve their living standards. The informal and flexible services offered to low-income borrowers for meeting their modest consumption and livelihood needs have but only made microfinance movement grow at a rapid pace across the world, but in turn has also impacted the lives of millions of poor positively. The main sources of the base materials presented in the book are the publications of the Reserve Bank of India and the national Bank for Agricultural and Rural Development.