Report on MFIs by Jan.
Mumbai, Nov. 2: Amid sharp criticism of microfinance institutions (MFIs) on using coercive methods for loan recovery, the Reserve Bank on Tuesday said that its sub-committee will submit a report on th
RBI to vet MFI’s recovery methods
Mumbai, Oct. 29: A RBI appointed sub-committee will examine the recovery mechanism of microfinance institutions and their interest rate practices, amid criticism of these lenders charging exorbitant i