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Bharat Financial Inclusion Limited (formerly SKS Microfinance) is a major microfinance institution in India, founded in 1997, aimed at providing financial services to impoverished communities. The organization faced a severe crisis in 2010 due to aggressive lending practices and borrower distress, leading to regulatory reforms in the microfinance sector. Following rebranding and strategic changes, BFIL has focused on ethical lending and diversified services to enhance financial inclusion and sustainability.

Author

uday mahale

Language

EN