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MFIs to turn business correspondents for banks

Microfinance companies may be looking at all potential business opportunities to tide over the crisis in the sector. “They are now exploring the possibility of acting as business correspondents for banks to achieve financial inclusion,” reports Gopika Gopakumar of CNBC-TV18.

July 04, 2011 / 23:06 IST
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Microfinance companies may be looking at all potential business opportunities to tide over the crisis in the sector.

TAGS: #business correspondents #CNBC-TV18 Comments #financial inclusion #Janalakshmi Financial Services #Microfinance #non-NBFC microfinance institutions #non-profit MFIs #Private sector banks #Sadhan
first published: Jul 4, 2011 10:43 pm

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