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What is Microfinance Institutions about?

This document summarizes a research article about the performance of microfinance institutions in India. Some key findings from the research article include: - The number of MFIs availing loans from banks increased from 9.8% to 257.6% from 2015-2016 to 2016-2017, while total loans from banks to MFIs decreased by 7.2% over the same period. - Loan amounts outstanding against MFIs increased by 13.7% and 14.3% in 2015-2016 and 2016-2017 respectively. - The share of rural clients declined in most states/UTs

Author

Gopi SK

Language

EN