Sanjay Sinha

India’s Microfinance Industry: An Anatomy of Risk for April 2012

With around 20 million borrower accounts estimated for March 2012, India still has one of the largest microfinance industries in the world. However, in March 2012 it also had the dubious distinction of having perhaps the worst portfolio quality in the world (at the national level).

India’s Microfinance Bill and Financial Inclusion

The draft Microfinance Bill placed by the Ministry of Finance on its website on 6 July 2011 represents a major step forward in the government’s engagement with the microfinance sector.

A Way Out of High Growth and Multiple Lending Indebtedness Trap

The global debate on over-indebtedness tends to focus on the role of high rates of growth as its cause. The argument is that growth is sustained by the less responsible MFIs who target easy to reach clients – the low hanging fruit – encouraging them to borrow and inadvertently getting them into trouble as a result.