Will decide on microfinance institutions after report: RBI
December 8th, 2010 - 11:24 pm ICT by IANSKolkata, Dec 8 (IANS) The Reserve Bank of India (RBI) will take a decision on microfinance institutions (MFIs) once the Y.H. Malegam Committee report is submitted by January next eyar, the apex bank’s governor Duvvuri Subbarao said here Wednesday.
The RBI set up the Malegam Committee last month to study the regulation of MFIs. The issues to be examined by the committee include reported suicide by borrowers in Andhra Pradesh, crass overlending, high interest rates and coercive recovery methods.
- RBI to convene meet on microfinance institutions issue - Dec 09, 2010
- Self-help groups to get loans at lower rates: Jairam Ramesh - Jun 21, 2011
- Micro finance institutions must be regulated: Kaushik Basu - Nov 26, 2010
- Micro finance institutions: RBI concerned on monitoring deficiences - Jul 05, 2012
- Regulations for micro finance industry soon - Nov 23, 2010
- SBI eyeing Rs.3 lakh crore rural deposits by fiscal-end - Feb 06, 2011
- Microfinance firms fear Andhra law will hurt them - Dec 15, 2010
- Court declines stay on Andhra micro-finance ordinance - Oct 22, 2010
- Andhra passes bill to regulate micro-finance institutions - Dec 15, 2010
- Bangladesh banker favours micro-finance regulation - May 09, 2012
- Ordinance issued to regulate micro finance firms in Andhra - Oct 15, 2010
- Andhra takes measures to rein in micro-finance firms - Oct 14, 2010
- Global slowdown, reason for lowering growth projection: RBI - Oct 25, 2011
- State-run banks get Rs.6,000 crore - Feb 28, 2011
- Subbarao sees scope to cut rates in 2012 - Jul 31, 2012
Tags: apex, apex bank, bank of india, borrowers, committee report, high interest rates, kolkata, malegam committee, microfinance institutions, rbi, reserve bank of india, subbarao, suicide