..........NGOs are the backbone of financial intermediation for the self- help groups. Even with the strident official backing, their work has become an inalienable and invaluable part. Assisting the credit institutions has been an upsurge in the growth in MF institutions. This growth led the RBI to appoint a Committee headed by Dr. Malegam to recommend appropriate regulations for the sector. The Finance Ministry has formulated a Finance Bill proposing to confer regulatory powers on the RBI. The book under review is a history of the development of MF institutions and is an exhaustive analysis of the literature concerning that. MF is one of the growing tools of development and microcredit has become an integral part of social banking The SHG- BL programme backed by Nabard is the largest MF programme in the world. There are a number of government programmes, which support the poor. The book is a comprehensive survey of the literature on MF movement in India and abroad...........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
Monday, January 14, 2013
Microfinance - Book Review by P.P.Ramachandran
..........NGOs are the backbone of financial intermediation for the self- help groups. Even with the strident official backing, their work has become an inalienable and invaluable part. Assisting the credit institutions has been an upsurge in the growth in MF institutions. This growth led the RBI to appoint a Committee headed by Dr. Malegam to recommend appropriate regulations for the sector. The Finance Ministry has formulated a Finance Bill proposing to confer regulatory powers on the RBI. The book under review is a history of the development of MF institutions and is an exhaustive analysis of the literature concerning that. MF is one of the growing tools of development and microcredit has become an integral part of social banking The SHG- BL programme backed by Nabard is the largest MF programme in the world. There are a number of government programmes, which support the poor. The book is a comprehensive survey of the literature on MF movement in India and abroad...........
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment