Book On Banking And Micro Finance In India

We are renowned firm engaged in manufacturing, trading and supplying of Book on Banking and Micro Finance in India in Delhi, India. The banking industry in India has undergone transformation since the early 1980s under the impact of deregulation, advances in information technology (IT) and globalisation. These forces have increased competitive pressures which have prompted banks to seek new sources of revenue beyond traditional products. Historically, banks have not provided financial services, such as loans, to clients with little or no cash income.

Banks incur substantial costs to manage a client's account, regardless of how small the sums of money involved are. With financial inclusion emerging as a major policy objective in the country, micro finance has occupied centre stage as a promising conduit for extending financial services to unbanked sections of the population. Micro finance is the provision of financial services to low-income clients or solidarity lending groups, including consumers and the self-employed, who traditionally lack access to banking and related services.