India Microfinance Regulation Bill 2010 – Draft Document

Update 7/7/2011 – The Government of India has released the new  India Microfinance Institutions Development and Regulation Bill 2011 – Draft

Given below is the draft Document seeking comments/suggestions of stakeholders on regulation and development of the Micro Finance Sector.The bill was circulated among micro finance practitioners and select Micro finance institutions in early 2010.

Reserve Bank of India Microfinance bill

Reserve Bank of India

The purpose of the Microfinance Regulation Bill is to provide for the promotion, development and regulation of micro finance organisations in rural and urban areas and thereby for securing easy access to credit, thrift and other financial facilities of women and certain disadvantaged sections of the people, and for matters connected therewith or incidental there to.

Download at link below

Microfinance India-Regulation-Bill – pdf – 18 pages

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