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,...

Banks being the most influential institutions in the financial sector their governance is of crucial importance. The post implementation scenario of corporate governance policies in Indian banking, which was undertaken after the recommendations of Advisory Group (2001) and others, has brought...

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....

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...

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...

The impact of micro-level interventions initiated by the Reserve Bank of India (RBI) on the basis of the recommendations of the Advisory Committee on Corporate Governance is supposed to be reflected in the post-implementation period financial indicators of Indian banks. On the basis of 22...

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...

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...