By Ramesh S Arunachalam, Rural Finance Practitioner We have all been waiting for this report[i] and here is the summary of recommendations…taken from
The Sub-Committee of RBI Board headed by Shri Y.H. Malegam has submitted its report to the RBI within the stipulated time. The
The Reserve Bank of India today released a notification that approves the creation of a new category of Non-Banking Finance Companies (NBFC)
Started in 1997 by Vijay Mahajan, Bhartiya Samruddhi Finance Ltd (BSFL) is India’s oldest NBFC-MFI. It is now collapsing under the burden
M‐CRIL welcomes RBI’s approach to microfinance but feels RBI should facilitate its responsible functioning in an enabling framework In its Monetary Policy
By S. L. Jerauld and P.Inbaraj, Microfinance Practitioners from Tamil Nadu. We believe that microfinance institutions should be regulated in Andhra Pradesh