Remember how I said Indians love abbreviations?
All used in today's lecture, in my MFIN (microfinance) class:
SBI = state owned bank
NBI = non-bank institution
SHG = self-help groups
GL = group lending
MF = microfinance
NABARD = I didn't even catch what this one was supposed to be, some bank in India
ROSCA = rotating savings and credit association
AS = adverse selection
MH = moral hazard
2 comments:
A quick search pulled this up for NABARD -- National Bank for Agriculture and Rural Development. Could that be right?
Sounds right, good job Gil :)
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