Microfinance in India: Empowerment or Debt Trap?

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,...