In this paper an empirical study has been made to compare the social (outreach related) and financial (cost, profit and sustainability related) performances of regulated microfinance institutions (MFIs) with non-regulated MFIs and to identify the causal variables of such performances. With the...

Though research studies around the world provide some evidences of performance of Microfinance Institutions (MFIs) operating under different regulatory frameworks, a comprehensive study on the performance of Indian MFIs is lacking. In this paper, an attempt has been made to assess their...