The note also examines the importance of offering a diverse range of financial services; the potential of m-banking and the banking correspondent model for inclusion.
This note provides a quick overview of the key issues and challenges facing India microfinance as of March 31st, 2010. It highlights the remarkable growth of the microfinance industry as well as its commercialisation over the last 3-4 years. The note also examines the importance of offering a diverse range of financial services; the potential of m-banking and the banking correspondent model for inclusion; and for assessing social performance management in a meaningful manner.
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