Microfinance as the next wave of Financial Inclusion: RBI Deputy Governor

Mr.M.K.Jain, Deputy Governor of Reserve Bank of India while speaking at the inaugural session of the Small Industries Development Bank of India (SIDBI) National Microfinance Congress 2019 at Mumbai, said that “Microfinance, involving the extension of small loans and other financial services to low-income groups, is a very important economic conduit designed to facilitate financial…