Microfinance in India: The Case of ICICI Bank



IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed

Code :BSM0060A

Year :
2008

Industry : Banking, Insurance and Financial Services

Region : India

Teaching Note:Available

Structured Assignment :Available

Buy This Case Study
OR
       

Introduction:ICICI Bank, one of the largest private sector banks in India, ventured into microfinance in 2001, but within a short span of time achieved remarkable progress. The microfinance portfolio of the bank grew from $16 million to $63 million (the average loan is $223) from 2001 to 2003. Adopting a partnership model, it extended credit facilities directly to rural masses. But, information irregularity, inability of poor people to offer collaterals and lack of details of credit history were major challenges it faced. Apart from providing credit to the needy rural population, it planned to develop various financial products like weather insurance, health insurance, remittance services and commodity derivatives. Despite these developments, the question remained whether ICICI Bank would be able to sustain its success through partnership model in the Indian Microfinance sector as more and more entities began to jostle for the share in the burgeoning sector?

For Case Books Click Here >>

For Case eBooks Click Here >>

Case Excerpts >>








Contact us: IBS Case Development Centre (IBSCDC), IFHE Campus, Donthanapally, Sankarapally Road, Hyderabad-500 082, Telangana, INDIA.
Mob: +91- 9640901313,
E-mail: casehelpdesk@ibsindia.org

2020 - 25 IBS Case Development Centre. All rights reserved. | Careers | Privacy Policy | Terms of Use | Disclosure | Site Map xml sitemap