Malegam panel breathes new life into Indian Microfinance Sector

The Indian microfinance industry shrouded in uncertainty on concern about their lending practices, and a crackdown by the Andhra Pradesh government, can finally breathe easy. A RBI Committee on has suggested that micro finance institutions (MFIs) be allowed to charge a maximum interest of 24 per cent on small loans which cannot exceed Rs 25,000.

Report brings Clarity for Microfinance Institutions – NDTV

Link to Video

sks microfinance dilli raj

Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

    Contact via :
  • googleplus
  • skype
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top