Category: Banking

Consequences of risk management faced by microfinance institutions (MFIs’) in India

By Deepti sharma & Priya Chetty on July 1, 2017 2 Comments

Microfinance institutions (MFIs’) serve two major needs of the rural poor population in India. These twin needs are the financial and social support to fulfill their needs. One of the most critical salient features of Indian microfinance industry is that most players operate on the lines of Non-Government Organization (NGO) system (Mimo Finance, 2011).