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India Focus Note 28: Exploring Domestic Remittances as a New Line of Business for Indian MFIs

Author: 
Soumya Harsh Pandey, Vartika Shukla

With the growing interest in remittances as an important product for the poor, this note assesses the options for microfinance institutions (MFIs). It looks at the demand for remittances, the structure of a potential remittance product, why and how MFIs might provide remittance services and the risks involved in doing so.

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