Microfinance in India: Empowerment or Debt Trap?

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This presentation explores microfinance in India, examining its definition, scope, and role in financial inclusivity. It delves into historical foundations, including SHGs and government initiatives, and addresses challenges like over-indebtedness, disparities, and digital literacy gaps. Regulatory measures, including RBI policies and borrower protection, are discussed alongside future prospects driven by digitisation. Concluding with recommendations, the focus is on sustainable growth,...