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    HomeNewsOpinionMicrofinance feels the regulatory axe, but RBI needs to examine the blade's sharpness

    Microfinance feels the regulatory axe, but RBI needs to examine the blade's sharpness

    The RBI’s directive leaves many unanswered questions and begs for some explanatory notes. It also points to a wrinkle in the central bank’s self-regulatory regime being rolled out

    Rajrishi Singhal
    October 30, 2024 / 09:48 IST
    Microfinance feels the regulatory axe, but RBI needs to examine the blade's sharpness

    Given the Indian debt market structure, most MFIs have to rely largely on commercial banks and NBFCs for on-going debt funding

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