AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Paisa Vaisa with Anupam Gupta
All About Microfinance with Kotak Mahindra Bank
Aug 28, 2023
Manish Kothari, President & Head, Commercial Banking, Kotak Mahindra Bank, joins Anupam to discuss the microfinance sector, lending to women, commercial banking areas, the agricultural sector in India, credit behavior, and book recommendations.
33:01
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Microfinance provides small, unsecured loans to women borrowers for economic use in various activities, contributing to financial inclusion and formalizing borrowing in remote villages.
- Microfinance and gold loans serve different needs, with microfinance supporting women entrepreneurs and providing financial inclusion, while gold loans offer cheaper financing options secured by gold collateral.
Deep dives
Importance of Microfinance and its Growth
Microfinance is a lending concept that provides small, unsecured loans to women borrowers who come together as a group and stand guarantee for each other. The loans are specifically for economic use, supporting women entrepreneurs in various activities such as cattle rearing, silk farming, poultry, and car servicing. The microfinance industry has seen significant growth, with a size of around three and a half lakh crores. This industry plays a crucial role in financial inclusion and formalizing borrowing for women in remote villages. It is driven by joint liability groups, where women borrowers come together for economic upliftment and repayment discipline.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode