SLUGGISH GROWTH OF NBFC-MFI IN NORTH INDIA – A NORM OR AN EXCEPTION

Main Article Content

Dr. Ambika Bhatia, Ayena Gill

Abstract

The present paper is an attempt to understand the growth of NBFC-MFI in India since 2010. The year 2010 has been chosen as that is the year when NBFC- MFI started to show its presence in India and even RBI considered to recognise and regulate them. In this paper an attempt has been made to understand the working of MFIs and their problems which have hindered their growth trajectory as even after years of functioning they are yet to prove their mark in India. For the purpose of understanding their day to day problems, primary data was collected with the help of a well structure questionnaire from the areas of Punjab and Rajasthan in India. I hope the insights from this paper can prove to be useful for the policymakers, government and MFIs.

Article Details

Section
Articles