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Financing of NBFC-MFI

Along with banks which provide access to financial services to poor under SHG Bank Linkage Programme, the MFIs registered as NBFCs with RBI also play a significant role in bringing the uncovered rural populace into the fold of financial system. The NBFC-MFIs have succeeded in reaching out to millions of low income clients and furthering the broader national objective of financial inclusion. These institutions depend on banks and other financial institutions for mobilizing resources for extending loans to the clients. Recognizing this requirement of NBFC-MFIs, NABKISAN extends loan assistance to them.