IE&IFS: Concepts and Practice · Part C: Indian Financial Architecture

Chapter 15: Development finance and microfinance institutions

Who lends long where banks will not, how refinance works, and how RBI protects the poorest borrowers.

Open Chapter 15 in the e-book The book and its prices

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

15.1Why development finance, and where it came fromp. 199
15.2The five all-India financial institutionsp. 200
15.3How DFIs lend: refinance, loans and fundsp. 201
15.4Microfinance: who it serves and who lendsp. 202
15.5RBI’s rules for microfinance loansp. 203
Exam traps and quick checksp. 204
Practice: 16 questions in three roundsp. 205
Answers, with every wrong option explainedp. 207
Make it stickp. 209
Chapter 15 on one pagep. 210

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.