microfinance institutions

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AP seeks bar on MFI funding

Dec 16, 2010 |

Dec. 16: The war of words between the Andhra Pradesh government and microfinance institutions (MFIs) got further intense, with the former writing to an RBI panel to discourage profit-driven lenders. T

RBI to vet MFI’s recovery methods

Oct 29, 2010 |

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

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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