] Can india’s MFI industry be saved

 

Can india's MFI industry be saved?

The government and RBI must draw an MFI survival strategy before it's too late. We need them at least till such time the banks are ready to reach out to the masses

Andhra Pradesh, India's fourth largest state by area and fifth largest by population, 

has set a world record. About 9.2 million borrowers in the southern state have defaulted 

in repaying money borrowed from microfinance institutions (MFIs) .....

http://www.livemint.com/2012/01/15215923/Can-india8217s-MFI-industry.html?h=B 

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Perwinder Singh
Jameel Poverty Action Lab

South Asia

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