Microfinance experts hail changes made by RBI

The Reserve Bank of India (RBI), on Tuesday accepted the recommendations made by the Malegam Committee and it has re-affirmed priority sector status for loans given to microfinance companies. Vijay Mahajan, head of MFIN and Sunil Agarwal, managing director of SE Investments share details of the development and analyse the highly positive repercussions for the entire Microfinance Sector in India.

rbi malegam micro finance

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