Volume : 7, Issue : 6, June - 2018

STREAMLINING THE MICROFINANCE SECTOR IN INDIA THROUGH SOME REGULATORY MEASURES

Dr. V. Balamurugan

Abstract :

<p>&nbsp;The Author made an attempt to analyze the role of micro 􀃶nance sector and how it can be streamlined through</p> <div>some regulatory measures of RBI. Micro􀃶nance is an economic development tool whose objective is to assist the</div> <div>poor to work their way out of poverty. It covers a range of services which include, in addition to the provision of credit, many other services</div> <div>such as savings, insurance, money transfers, counseling, etc.</div>