stdClass Object ( [id] => 14963 [paper_index] => 202501-02-019999 [title] => MICRO FINANCE IN INDIA [description] => [author] => Mr.Suresh Rajaram Bore, Dr. Venkatesh S Amin [googlescholar] => [doi] => [year] => 2025 [month] => January [volume] => 10 [issue] => 1 [file] => fm/jpanel/upload/2025/January/202501-02-019999.pdf [abstract] => Microfinance is a financial service provided to low-income individuals or groups who otherwise would have no other access to financial services. Microfinance allows people to take small business loans in a manner that is consistent with ethical lending practices. There are basically two distinct approaches for extending micro finance services in India viz. the Bank led approach called Self Help Group–Bank Linkage Programme (SHG-BLP), and the Micro Finance Institution (MFI) led approach. Microfinance industry in India is diverse with several types of players delivering financial services viz. credit, insurance and pension to the low income households. The various microfinance industry players are broadly categorized into five types: Banks, NBFC-MFIs, Small Finance Banks, NBFCs and Non-profit MFIs. All of these, except the Non-profit MFIs, are regulated by RBI. [keywords] => [doj] => 2025-01-29 [hit] => [status] => [award_status] => P [orderr] => 34 [journal_id] => 2 [googlesearch_link] => [edit_on] => [is_status] => 1 [journalname] => EPRA International Journal of Research & Development (IJRD) [short_code] => IJSR [eissn] => 2455-7838 (Online) [pissn] => - - [home_page_wrapper] => images/products_image/2-n.png ) Error fetching PDF file.