Monday, October 1, 2012

Microfinance industry awaits clarity on operations, norms in new Bill

.......The new Bill, which is with the standing committee of Parliament headed by former Finance Minister Yashwant Sinha, will probably be introduced in the Budget session of Parliament, according to the CEO of a leading microfinance institution. “While specifying the RBI as the regulator, the Bill provides a role for state governments, district administrations and microfinance practitioners,”.......

Read - HBL

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