(MBA, M.Com [Computer Application], M.Phil in Research & Development) Lecturer, RL Institute of management, Madurai
Online published on 14 November, 2013.
In this dynamic world, Strategies enable a firm to fix his position in the industry. Strategies are the real warriors who counter act the prevailing challenges. The strategically inspired goals, followed by Micro financial institutions [MFIs] are poverty alleviation & financial inclusion, which is also one of the millennium development goals and present global slogan for inclusive growth.
The core purpose of the paper is to present the strategies pursued by micro financial institutions [MFIs] & discuss on the challenges faced by MFIs. For the said study researcher is using secondary data gather from financial updates, banks working paper, other financial reports & survey reports.
The paper analysis the issue related to MFIs through Ansoff's strategic success paradigm. The study is descriptive and analytical in nature. It's apt to conduct a study on Strategies followed by India financial institutions for inclusive growth as inclusive growth is the prevailing mantra of the globe.
Ansoff's strategic success paradigm, challenges, Financial Inclusion & Inclusive growth, Micro Financial Institutions & Strategies