The new draft microfinance Bill, on the finance ministry's website, has a number of positive features which augur well for a geographically more balanced and healthier development of the sector.
Section: Money | Tuesday, July 19, 2011 6:00 IST
The RBI directive implies high transaction costs and discriminates against small and medium MFIs. A more rigorous and comprehensive approach to regulating the microfinance sector is needed.
Section: Analysis | Wednesday, May 25, 2011 3:44 IST
The mindset of control and micromanagement visible in the Malegam Committee’s report is likely to inhibit dynamism and innovations in the microfinance sector.
Section: Money | Wednesday, February 2, 2011 3:16 IST
Within a relatively short period, a sector heralded as representing a commercially viable solution to the problems of financial inclusion, poverty reduction and female empowerment is now being accused of various improprieties.
Section: Money | Wednesday, November 24, 2010 3:32 IST
There should be two regulators: RBI for MFI banks and an oversight board to safeguard consumer interests.
Section: Money | Wednesday, March 17, 2010 2:18 IST
