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Table 2 Description of MFIs used in the empirical analysis

From: Competition and microfinance institutions’ performance: evidence from India

MFI legal Status Numbers
NGO 84
Rural Bank and Credit Union 16
Total 183
 Young 33
 Mature 150
  1. aAge represents MFI’s service years, but due to the absence of number years data that MFIs have been in services, MIX-Market labels MFI as NEW for a beginner (1 year service), YOUNG for less than 5 years’ operation and MATURE for more than 5 years’ services