... logics. The paper reveals the mechanisms through which non-profit microfinance organisations originated in development logic and incorporated banking logic, engaging with the centrality of development logic as they transform into commercial microfinance organisations. Design/methodology/approach...

...Debapratim Purkayastha; Trilochan Tripathy; Biswajit Das Purpose This paper aims to build upon the various studies conducted on the ecosystem and expands the understanding of the ecosystem of microfinance institutions (MFIs) in India. The discussions in this essay entail a literature review...