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

Rajrishi Singhal • October 30, 2024 / 09:48 IST

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

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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