Question
Which of the following is an RBI-registered NBFC-MFI that works on a Joint Liability Group lending model of Grameen?
The correct answer is
ESAF Microfinance and Investments (P) Ltd
ESAF Microfinance and Investments (P) Ltd is an RBI-registered Non-Banking Financial Company-Microfinance Institution (NBFC-MFI) that follows the Joint Liability Group lending model inspired by the Grameen Bank model.
Was this answer helpful?
Important Questions from Money and Banking
Match List I with List II :
List I
Indian Notes (New Currency)
List II
Pictures
(A) ₹10 (I) Ellora Caves (B) ₹100 (II) Konark, Sun Temple (C) ₹500 (III) Rani Ki Vav (D) ₹20 (IV) Red Fort Choose the correct answer from the options given below :
In which year was the Reserve Bank of India established?
- In which year was the 'Reserve Bank of India' established?
- Which of the following is NOT a component of the Fiscal Policy in India?
- What is the real interest rate on a Credit Card loan bearing 24% interest per year, if the rate of inflation is 10%?
Need Expert Advice?
