Manpreet Kaur, Sunanda, Garima Tungal, Abhishek Pandey
Microfinance called as micro credit, is a type of banking service that is provided to low-income individuals or groups whohave no other access to financial services. While institutions participating in microfinance are most often associated with lending (microloans can be anywhere from $100 to $25,000), offer additional services including bank accounts and micro - insurance products and provide financial and business education. There are many aspects to measure the performance of MFIs like WACC, Regression Analysis and CAMEL Model is one important of them and thus it is being used in study to measure and compare the financial performance of leading four MFIs, based on highest gross loan portfolio in India for 3 years from 2015-2017. The data is collected from annual reports of these MFIs and various ratios have been calculated measuring the aspects of CAMEL includes capital adequacy, asset quality, management efficiency, earning quality and liquidity.
Microfinance, Financial Services, Financial Performance, CAMEL.