Microfinance Interviews

Microfinance sector in India must be saved – Raghuram Rajan

In conversation with NDTV’s Namrata Brar, Raghuram Rajan, a professor at University of Chicago and a former chief economist at the IMF, says the microfinance sector in India must be saved. “Regulation is fine but profitability of the sector cannot be destroyed,” he adds. Rajan also talks about the recently released RBI’s paper on foreign banks.

Link to Video

Raghuram Rajan at Davos NDTV Studio

About Raghuram Rajan

Raghuram Govind Rajan (born 3 February 1963) is currently the Eric J. Gleacher Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. He is also an honorary economic adviser to Prime Minister Manmohan Singh (appointed 2008.) He previously was the chief economist of the International Monetary Fund and headed a committee appointed by the Planning Commission on financial reforms in India.

Source : Wikipedia

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.

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3 Comments

3 Comments

  1. Dr.Mrs.Sushma Joiya

    January 28, 2011 at 12:05 pm

    On behalf of Integrated Congress of Women Entreprteneurs
    it is suggested that we all must unite together to deal with developmental programs through MFIs. It is observed that the Microfinance is being operatede in India like children game which will have very bad repercussions.No preoject is being funded to the Self Help Groups.Our system is really needs overhauling.
    Dr.Mrs Sushma Joiya
    National President
    Integrated Congrfess of Women EWntrepreneurs.

  2. Aparna

    February 1, 2011 at 9:49 am

    NDTV, don’t just cover topics because they are relevant. Make sure the reporter does not end up asking absolutely dumb questions to such intelligent speakers.

  3. Ajit Grewal

    February 3, 2011 at 10:33 am

    Bang on

    Our news channels have lost / forgotten the art of investigative journalism.
    or
    News channels are that short of staff that we need to employ and put on display sub-standard newscasters
    or
    News channels are cutting corners in research to make more money
    and many more or.

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