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RBI breathes life into microfinance, experts hail changes

The Reserve Bank of India, on Tuesday accepted the Malegam Committee recommendations and has re-affirmed priority sector status for microfinance. Vijay Mahajan, head of Microfin Association and Sunil Agarwal, managing director of SE Investments share details of the development and analyse the highly positive repercussions.

first published: May 3, 2011 05:29 pm

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