Dear Mr Vedamani Basil Hans ,
In my opinion, with the development of individuals, the behavior of micro-finance is an inevitable trend. And micro-finance units are increasingly being combined or broken up. Therefore, micro-finance enables smes to change their work forms more frequently to adapt to the pace of society. In addition, the synergies generated by mergers and acquisitions also need microfinance as the foundation.
In addition, researchers should pay more attention to the dynamic balance of capital flows.
I hope the answer will help you.
sincerely,
Lanzco CHENG
Basically, micro finance is intended towards needy and poor people. Relating this to industrial development at this point of time may be difficult. But still, it can be instrumental in industrial development if it is properly monitored. Mostly micro financing now a days (in India) is a costly affair. Once this becomes commercially viable and attractive as a source of finance, it can surely add value to industrial development.
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