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  • MFIN Reaction to Monitory Policy issued by RBI
  • May 04, 2011
  • MFIN CEO, Mr. Alok Prasad states that the RBI guidelines give a much needed regulatory clarity to the microfinance sector.

    MFIN welcomes the policy announcement for the microfinance sector announced by the RBI today. "The guidelines give much needed regulatory clarity to the microfinance sector and represent a big step forward in putting the microfinance industry on the path to recovery", said MFIN CEO, Mr. Alok Prasad.

    "RBI has taken a balanced and calibrated approach towards the evolving policy framework for the sector. The role played by Microfinance Institutions in promoting financial inclusion is increasingl...
  • View more at: http://www.1888pressrelease.com/mfin-reaction-to-monitory-policy-issued-by-rbi-pr-299387.html