Insights

Micro Finance | 11 September 2020
Exploring the proposal of Atmanirbhar for Micro enterprises in Rural India

Very often, models of microfinance that have worked in other nations need indigenizing or a complete overhauling before they can be successfully applied in India. The concept of Self-Help Groups (SHGs) is one such success story, which leans heavily on the close-knit fabric of Indian society to ensure positive economic outcomes.   In what could be the next great step for micro-enterprise progress in India, Muhammad Yunus, who is....

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Micro Finance | 16 October 2019
Microfinance gets a boost from recent credit policy

It came as no surprise that the Reserve Bank of India announced a 25-basis-point repo rate cut for the fifth time in a row during its October 2019 Monetary Policy Committee (MPC) meeting.Since the beginning of this calendar year,the central bank has cut the repo rate by a cumulative 135 basis points, bringing it to an eight-year low of 5.15%. Repo rate cuts since February 2019     This rate reduction was expecte....

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