Microfinance in India

  • In which year did NABARD launch the 'Self-Help Group Bank Linkage Program' (SBLP), recognized as the foundation of microfinance in India? - 1992
  • What is the maximum processing fee (as a percentage of the total loan amount) for any microfinance borrower? - 1%
  • What is the minimum 'Capital Adequacy Ratio' (CAR) for new NBFC-MFIs as a percentage of total risk-weighted assets? - 15%
  • For microfinance loans, what is the maximum percentage of a borrower’s household income that can go towards repaying all family loans? - 50%
  • The RBI's 'National Strategy 2019-2024' for measuring financial inclusion is based on which three ....
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