The microfinance sector has undergone numerous changes over the past 4 years. The factors affecting the microfinance are more complex and have even disrupted the old conventional models. The second edition effectively captures the effect of demonetisation on the Microfinance Institutions (MFls), along with its effects on the overall portfolio and repayment behavior of customers. It also delves into the transition of major MFI to small finance banks. This book also gives a brief view of different regulators of MFI across Asian countries. Recent facts and figures are also included in this edition.