Financial reforms have, in the recent years, opened up several avenues for the households for savings. Since households are supposed to be concerned with return, risk and liquidity aspects of their investment, it is expected that they move from the low-yielding bank deposits towards the...

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,...

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...

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...

Mission drift in the micro finance industry is becoming an ethical concern on 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...