Micro-finance of INDIA is Changing in to an Effective poverty reducing factor

Authors

  • Arunabha Bhaumik Professor in Commerce, P.K. College, Contai, Purba Medinipur, West Bengal

DOI:

https://doi.org/10.37591/ecft.v5i3.1744

Abstract

Modern people eagerly felt demand for money to fulfill their growing unlimited demand in the society. All people in the world are running behind money. In this way financial market increased in the whole world. Large number of banks, insurance, and other financial system came to the world as middleman in between investors, depositors, industrialists, and businessmen and for the common people throughout the globe.

 

Keywords: Financial institutions, Mahajan, Banking sectors, loan to the low-income groups for upliftment

Cite this Article

Arunabha Bhaumik. Microfinance of India is Changing in to an Effective Poverty Reducing Factor. E - Commerce for Future & Trends. 2018; 5(3): 46–50p.

References

Barry N. The Missing Links: Financial System that Works Majority, Women’s World Banking, New York, 1995.

Barry Nancy, Armacost, Nicola, Kawas Celina, Putting Poor People’s Economics, Women’s World Banking, New York, 1996.

Churchil CF. An Introduction to Key Issues in Microfinance, New York, 1996.

Grameen Trust, Gramin Dialog No.24, Dhaka, October 1995.

Phelps P. Building Linkage between the Microenterprise and Shelter Sectors: An Issues paper, GEMINI, Betuesda, Maryland, 1995.

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Published

2019-01-24

Issue

Vol. 5 No. 3 (2018)

Section

Research Articles

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