MFIs revival: Major risks, gaps facing microfinance in India
MFIs revival: Major risks, gaps facing microfinance in India RBI should take cognisance of the situation and work together with sector representatives and government to eliminate the flaws and make the microfinance industry more vibrant Dr. Saibal Paul | April 2, 2021 | Updated 11:20 IST It is understood that gaps in different spheres are pushing the microfinance sector into severe political risks The Reserve Bank of India's (RBI) recent announcement on harmonising policies for regulated entities working in the sphere of microfinance is a welcome move. Andhra Pradesh (AP) and recently Assam ...