Microfinance experts hail changes made by RBI

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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.

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

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Author: Abhay N

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