The Report highlights recent developments in Self Help Groups (SHGs) and SHB-Bank Linkage Programmes (SBLPs), and focuses on microfinance with regard to the investment scenario in India. It also deals with the burgeoning field of urban microfinance, developments in micro-insurance and the impact of new technologies on the microfinance sector. Additionally, it recognizes the high demands which the state makes on microfinance institutions and discusses the need and relevance of new policy regulations. Complementing these analyses, statistical annexures provide essential data on the sector, strengthening its utility as a reference document. It contains extensive original material, yet draws widely on the findings of other recent studies and reports, thereby providing a complete, detailed analysis of the status and the future of microfinance.