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In this study an attempt is made to analyse various Financial Sector reforms in the context of NBFC-MFIs in India along with their performance. The Study is based on secondary data and the scope of study is limited to Inclusion in India mainly for the year 2014 and 2015 but reforms are studied since 1991. | Financial sector reforms must for sustainable growth of NBFC-MFI in India International Journal of Management IJM Volume 7 Issue 3 March-April 2016 pp. 185 190 Article ID IJM_07_03_017 Available online at http www.iaeme.com IJM issues.asp JType IJM amp VType 7 amp IType 3 Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication FINANCIAL SECTOR REFORMS MUST FOR SUSTAINABLE GROWTH OF NBFC- MFI IN INDIA Dr. Priti Bakhshi Assistant Professor Jaipuria Institute of Management Indore MP India ABSTRACT In this study an attempt is made to analyse various Financial Sector reforms in the context of NBFC-MFIs in India along with their performance. The Study is based on secondary data and the scope of study is limited to Inclusion in India mainly for the year 2014 and 2015 but reforms are studied since 1991. The study is exploratory in nature. Analysis is done mainly to understand the Financial Reforms that has taken place in India mainly in context of MFI and also to study the performance or ease of doing business by MFI because of these reforms. The Financial reforms in context of MFI has been of much help in the growth and better performance of NBFCs MFI. There is a huge scope for the further growth of Micro Finance Institutions for the growth of Indian Economy. Key words Micro Finance Institutions Financial Inclusion Financial Sector Reforms Cite this Article Dr. Priti Bakhshi Financial Sector Reforms Must for Sustainable growth of NBFC-MFI in India. International Journal of Management 7 3 2016 pp. 185 190. http www.iaeme.com IJM issues.asp JType IJM amp VType 7 amp IType 3 1. INTRODUCTION An NBFC-MFI is defined as a non-deposit taking NBFC other than a company licensed under Section 25 of the Indian Companies Act 1956 with Minimum Net Owned Funds of Rs.5 crore for NBFC-MFIs registered in the North Eastern Region of the country it will be Rs. 2 crore and having not less than 85 of its net .
