REVIVAL OF INDIAN MICROFINANCE INDUSTRY IN THE AFTERMATH OF ANDHRA PRADESH CRIS S: A STRATEGIC APPROACH

摘要

The microfinance industry in India is in crisis after stupendous growth. The ordinance of the state government of Andhra Pradesh (AP), India, and the lending patterns of the suppliers of microfinance have led to the current state of affairs. Though microfinance as a phenomenon in India began with a not-for-profit objective, in the non-government organization-micro finance institution (NGO-MFI) format, the near 0 percent delinquency and super-normal profits attracted other financial institutions in the non-banking financial corporations-micr of inance institutions (NBFC-MFI) format.