期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2015
卷号：6
期号：13
页码：12-19
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：Financial inclusion means that delivering financial services to all needy people at an effective and efficient manner unconditionally, and at an affordable cost. Micro finance institutions are playing an imperative role in financial inclusion and societal development. As part of financial inclusion it is envisaged that every person living in rural India should have access to finance. Many micro finance institutions in India are striving towards this objective and are facing many challenges in providing finance for rural people. MFI are abstracted with the capital requirements and high NPA due to non collateral lending. It also involves high transactional cost. With the objective of serving the poor, MFI has to sustain them with profitability and expand their outreach. It is observed from the top five listed MFI in India, that the listed MFI has better capital adequacy ratio and financial performance as compared to non listed firms, and has enhanced outreach to rural Indians over the years.
关键词：Financial inclusion; Financial Performance; Sustainability; Capital Adequacy ratio JEL category G23; G21
