RBI’s “Consultative Document on Regulation of Micro-Finance” Part 1
In the aftermath of Andhra Pradesh microfinance crisis, erupted in 2010, RBI appointed a committee under the chairmanship of Shri Y H Malegam to study issues and concerns of the Microfinance Sector. Non Banking Finance Companies (NBFCs) were then dominant in the Andhra Pradesh MF sector. Irresponsi...
