Monday, June 30, 2014

Microfinance on a turnaround track

............Greater regulatory clarity, including the recognition of the Micro Finance Institutions Network as a self-regulatory organisation by the Reserve Bank of India (RBI), and a stable operating environment have helped to boost the shareholders’ confidence in the sector. “The sector is far more resilient today than what it was in the past. Greater clarity from the RBI’s guidelines, deeper penetration of credit bureaux and increasing use of technology to improve..............

No comments: