Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Book Chapter Book Chapter Faculty Publications- Book Chapter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Microfinance Sector and the Supportive Role of Regulator in its Transformation: A Case Study from India Subject The topic of the resource Commercialization; Institutions transformation; Microfinance; Microfinance sector growth; Supportive regulations Description An account of the resource Microfinance is a proven business model to deliver financial services to unbanked. In the beginning years of microfinance, Non-Governmental Organizations (NGOs) were engaged in microfinance initiative and used to raise capital through grants for their microfinance program, similar to other grant-based development initiatives. To become self-sustainable financial institutions, NGOs started to transform their microfinance initiatives to a for-profit legal entity. Microfinance experienced commercialization in the process of transformation which neglected the basics of microfinance, especially in protecting the interest of clients. Supportive role of regulator transformed the Indian microfinance sectors and formed sustainable financial institutions. The successful story of Reserve Bank of Indias (RBI) intervention in shaping Indian microfinance sector counters the argument of free market principle in fixing the interest rate and healthy regulation for microfinance institutions. Supportive role of Reserve Bank of India created win-win situation for both microfinance borrowers, microfinance institutions and other stakeholders for the long-term sustainability. The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021. Creator An entity primarily responsible for making the resource Thomas J.R.; Kumar J. Source A related resource from which the described resource is derived Financial Inclusion in Emerging Markets: A Road Map for Sustainable Growth, pp. 219-235. Publisher An entity responsible for making the resource available Springer Nature Date A point or period of time associated with an event in the lifecycle of the resource 2021-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1007/978-981-16-2652-4_11" target="_blank" rel="noreferrer noopener">https://doi.org/10.1007/978-981-16-2652-4_11</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85163552749&amp;doi=10.1007%2F978-981-16-2652-4_11&amp;partnerID=40&amp;md5=249fbf82dbc7f1fb6450981383379da7" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85163552749&amp;doi=10.1007%2f978-981-16-2652-4_11&amp;partnerID=40&amp;md5=249fbf82dbc7f1fb6450981383379da7</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISBN: 978-981162652-4; 978-981162651-7 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Book chapter Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Thomas J.R., CHRIST (Deemed to be University), Bengaluru, India; Kumar J., CHRIST (Deemed to be University), Bengaluru, India