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- Title
Financial Performance of Micro Finance Institution in India: A Study on Bharat Financial Inclusion Ltd.
- Authors
Biswas, Bhaskar
- Abstract
Micro finance institutions also known as MFI provide financial services to the people of lower income group and of backward section of the society. MFI provide the facility of micro credit, micro saving and micro insurance to its members. The aim of this paper is to measure and analyze the profitability and liquidity ratios of Bharat Financial Inclusion Ltd. (formerly known as SKS Microfinance private Ltd,) for a period of 12 years. Various statistical methods and techniques like mean, median, skewness, kurtosis, range has been used for analyzing data collected from secondary source. It can be concluded that there is a positive correlation between profitability ratios and liquidity ratios of the Bharat Financial Inclusion Ltd.
- Subjects
INDIA; FINANCIAL performance; MICROFINANCE; BHARAT Financial Inclusion Ltd.; FINANCE
- Publication
Wealth: International Journal of Money, Banking & Finance, 2018, Vol 7, Issue 2, p52
- ISSN
2277-9388
- Publication type
Article