What is an NBFC-MFI? A Simple Guide to Microfinance Institutions

Inside This Article Introduction to NBFC-MFIs In India, many people lack easy access to banks or formal financial services. Non-Banking Financial Companies – Microfinance Institutions (NBFC-MFIs) assist these individuals by providing them with small loans. These small loans help individuals start businesses, improve their homes, or pay for education. This helps NBFC-MFIs ensure that people […]