IDEAS home Printed from https://ideas.repec.org/a/ids/ijbfmi/v5y2019i1p23-55.html
   My bibliography  Save this article

Assessment of efficiency and ranking of microfinance institutions in India: a two-stage bootstrap DEA analysis

Author

Listed:
  • Asif Khan
  • Rachita Gulati

Abstract

This paper examines the financial, social and overall bias-corrected efficiencies of 82 Indian microfinance institutions for the year 2015-2016, and obtains the potential determinants of efficiency scores using double bootstrap procedure by Simar and Wilson (2007). Bias-corrected efficiency scores are used to provide a strict ranking to sampled MFIs. An attempt is made to resolve the unsettled debate on trade-off between the dual goals of the MFIs. The results reveal that Indian MFIs are found more financially efficient than socially efficient in the sampled year. The efficiency differences across the MFIs' operating in central and northern regions and distinct sizes classes of MFIs are statistically significant. The study establishes enough evidence to advocate the absence of trade-off in achieving dual goals in the Indian MFI industry in the year 2015-2016. Finally, size of MFI and equity to assets ratio influences the efficiency levels of Indian MFIs.

Suggested Citation

  • Asif Khan & Rachita Gulati, 2019. "Assessment of efficiency and ranking of microfinance institutions in India: a two-stage bootstrap DEA analysis," International Journal of Business Forecasting and Marketing Intelligence, Inderscience Enterprises Ltd, vol. 5(1), pages 23-55.
  • Handle: RePEc:ids:ijbfmi:v:5:y:2019:i:1:p:23-55
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=99008
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbfmi:v:5:y:2019:i:1:p:23-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=156 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.