International Journal of Social Science & Economic Research
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Title:
THE INDIAN NBFC-MICROFINANCE INSTITUTIONS SECTOR: AN ELEMENTARY EMPIRICAL STUDY

Authors:
Bhagirath Baria, Priya Dubey

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1*Bhagirath Baria, 2Priya Dubey
1. Research Scholar, Department of Business Economics, Faculty of Commerce, The Maharaja Sayajirao University of Baroda, Vadodara, Gujarat.
2. UG Student, Department of Economics, Faculty of Arts, The Maharaja Sayajirao University of Baroda, Vadodara, Gujarat
*. Corresponding Author

MLA 8
Baria, Bhagirath, and Priya Dubey. "THE INDIAN NBFC-MICROFINANCE INSTITUTIONS SECTOR: AN ELEMENTARY EMPIRICAL STUDY." Int. j. of Social Science and Economic Research, vol. 3, no. 8, Aug. 2018, pp. 4378-4388, ijsser.org/more2018.php?id=308. Accessed Aug. 2018.
APA
Baria, B., & Dubey, P. (2018, August). THE INDIAN NBFC-MICROFINANCE INSTITUTIONS SECTOR: AN ELEMENTARY EMPIRICAL STUDY. Int. j. of Social Science and Economic Research, 3(8), 4378-4388. Retrieved from ijsser.org/more2018.php?id=308
Chicago
Baria, Bhagirath, and Priya Dubey. "THE INDIAN NBFC-MICROFINANCE INSTITUTIONS SECTOR: AN ELEMENTARY EMPIRICAL STUDY." Int. j. of Social Science and Economic Research 3, no. 8 (August 2018), 4378-4388. Accessed August, 2018. ijsser.org/more2018.php?id=308.

References
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[4]. Hudon, M. (2008). Norms and Values of the Various Microfinance Institutions. Centre Emile Bernheim Working Paper Number 08/006, February 2008.
[5]. Kasat, P. (2010). Innovative Approaches to Developmental Microfinance in India. Project Thesis for the Degree of Masters of Business Administration (2008-10), at the Faculty of Management Studies, University of Delhi.
[6]. Marban, R. (2010). The Microfinance Institutions -an Alternative to Improve Women Quality Life in South India Rural Environment, Economic Alternatives, Issue 2.
[7]. Nilakantan, R., Datta, S. C., Sinha, P. & Datta, S. K. (2013). The Impact of Microfinance on Women Empowerment: Evidence from Eastern India. International Journal of Development and Conflict, 3(2013), 27-40.
[8]. Saeed, M. S. (2014). Microfinance Activities and Factors Affecting the Growth of Microfinance in Developed & Developing Countries. International Finance and Banking, 1(1), 39-50.
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Abstract:
There are many challenges faced by the poor, developing and emerging countries across the World. Along with the inequalities of wealth, expenditure, etc., a central problem affecting the welfare and well-being of the populations of these countries has been that of poverty. Poverty is a complex challenge for both policy makers and economic analysts. A major approach to addressing the problem of poverty, among others, has been that of enabling access to reliable financial resources for the poor through the divisibility of loans into small amounts which has roughly been called microfinance. This paper tries to understand the broad trends and patterns in the microfinance sector of India with a special emphasis on the Non-Banking Financial Companies-Microfinance Institutions. It has been found that this sector occupies a significant and noteworthy place in the Indian Microfinance and that the stock and flow movements underlying this segment have evolved considerably in the very recent time period. Further, the distribution of major micro-financial variables such as Average Clients, MFI Count, etc., across different spaces such as regions, states, kinds of MFIs, etc. has also shown good amount heterogeneity and seemingly some degree of skewness.