Future of microfinance in India is bright and promising, finds Netscribes’ report

July 2, 2009 - PRLog -- Netscribes (India) Pvt. Ltd., a knowledge consulting and solutions firm, announces the launch of its report – Guide to Microfinance – India. A better understanding of the opportunities provided via the various banking services for the underprivileged has popularized the concept across India.

The report begins with an introduction to the microfinance sector covering different types of financial institutions, formal and informal, providing financial services to the rural and urban poor in India. The report provides an overview of the current state of microfinance in India covering extensively the two primary facilitators of microfinance - microfinance institutions (MFIs) and SHG’s bank linkage programme (SBLP).

The report highlights the government’s initiatives towards encouraging microfinance institutions in India. The report identifies key trends and characteristics in the sector including low penetration levels of microfinance, large scale PE/VC activity, high interest rate and repayment issues, lack of interest from formal financial institutions and opportunity in the urban sector. The report profiles the major players in the sector including brief business overview, client outreach, financials and future outlook for each player.  

For more details on the content of each report and ordering information please contact:

Natasha Mehta, CFA   
Tel: +65-9651-6382
Email: natasha.mehta@netscribes.com

Gagan Uppal
Tel: +91-98364-71499
Email: gagan.uppal@netscribes.com

# # #

About Netscribes (India) Pvt. Ltd.

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

For more information please write to info@netscribes.com.