In recent years mission drift (MD) is one of the most discussed aspects in the sphere of microfinance. Numerous evidence worldwide supports the claim of MD in the Micro Financing Institutions (MFIs) though from time to time it has been misinterpreted to profit orientation and commercialization....

Mission drift in microfinance industry is becoming an ethical concern in the path of building a financially inclusive society. However, its dimensions and the reasons have not been ascertained conclusively. This paper tries to answer these issues with the help of a filtered dataset comprising of...

With the structural changes witnessed, particularly during post-liberalization phases the possibility of disintermediation in commercial banking sector in India cannot be ruled out. With a set of secondary sources of data for 28 years divided equally into pre and post-liberalization phases, this...

In sustaining rural livelihood sustainability of micro–credit intervention is highly essential, which warrants a study on SHGs. Very recently the micro-credit movement through the conduit of SHGs in North-east India has been gaining momentum with the implementation of SGSY scheme. The...

As an emerging area of financial services microfinance has many success stories that reveal the huge potential for serving the society. However, like any other financial organization micro finance institutions (MFIs) have to survive in addition to fund their needs and wants. The idea of double...

Microfinance industry has emerged from a small domain institution to a broad tool for social development, as many success stories reveal its true potential for serving the society. Nevertheless, like any financial institution it has to fuel its needs in order to sustain its developmental...

Socio-economic prosperity of a developing nation, like India, demands an active participation of all, particularly women. Credit availability is one of the important conditions to this prosperity. In this regard micro credit through microfinance has been a catalyst in empowering its clients,...

Banking sector being the crucial among the financial infrastructure has seen several changes in past one decade. The commitments made along with several international recommendations in this sector have brought several important policy changes during the last ten years to strengthen the...

The phenomenon of disintermediation has occurred throughout the world, in both developed as well as developing economies, somewhere early and somewhere later. Capital market has also gone through changes, with government and corporations opting for direct market borrowings and investors...

Apart from emphasising on outreach it is also important for micro finance intervention to remain sustainable in the long run. Financial sustainability is the core of any financial institutions and considering Self help groups (SHGs) as grassroots level organisations engaged in the business of...