• Summary
  • Contents

This series of annual reports on the microfinance sector in India which seeks to document developments, clarify issues, publicize studies, stimulate research, identify policy choices, generate understanding, and enhance support for the sector. It highlights recent developments under each of the two main models of microfinance in India – the SHG and MFI models. The book highlights recent developments in Self Help Groups (SHGs) and SHG Bank Linkage Programme (SBLPs), and focuses on microfinance with regard to the investment scenario in India.  

Financial Inclusion
Financial inclusion

Even with near total control over the banking sector for more than two decades, financial inclusion of all needy segments of population has not been possible. The recognition that more active interventions are needed to bring marginalised, disadvantaged and poor sections of people to financial services has led the policy establishment to take a variety of actions in the recent past. The estimate of coverage of the population through financial services made by Reserve Bank from different study reports and surveys bring out1 that 40 per cent of adult population has access to savings account, 10 per cent to life insurance and 0.6 per cent to non-life insurance. 5.2 per cent villages have a bank branch, while 97.7 million small farmers are ...

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