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Experts warn RBI may find too tough to regulate MFIs

Micro-finance companies have welcomed the new Microfinance Bill, as it says that the Reserve Bank of India (RBI), and not state governments, will be the regulator. But experts warn that the RBI may find it too tough to regulate this sector, reports CNBC-TV18’s Gopika Gopakumar.

July 12, 2011 / 11:36 IST

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Micro-finance companies have welcomed the new Microfinance Bill, as it says that the Reserve Bank of India (RBI), and not state governments, will be the regulator. But experts warn that the apex bank may find it too tough to regulate this sector, reports CNBC-TV18

TAGS: #Business #HP Ranina #Microfinance Bill #PS Reddy #RBI #Usha Thorat

first published: Jul 11, 2011 10:26 pm

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