F. Micro Finance Institutions
Microfinance institutions (MFIs) are financial institutions that provide small loans and other financial services to individuals and small businesses in developing countries.
Microfinance institutions (MFIs) have played an important role in India in providing financial services to underserved populations. There are many MFIs operating in India, including both non-profit and for-profit organizations.
In the early 2000s, the Indian government introduced regulatory reforms that helped to promote the growth of the microfinance industry in the country. As a result, MFIs have become an important source of credit for small businesses and low-income individuals in India.