Moneycontrol PRO
you are here: HomeNewsOpinion

RBI MFI regulations good on intent, but might be difficult to implement

The central bank wants household income to be the anchor for microfinance lending. But household income might be difficult to assess

June 16, 2021 / 12:20 PM IST
RBI MFI regulations good on intent, but might be difficult to implement

The Reserve Bank of India’s consultation paper to harmonise rules across various classes of microfinance lenders is good on intent, but might be difficult to implement. Currently, the regulator’s rules on lending to the microfinance sector – such as pricing caps, ceiling on loan amounts and limit on the number of lenders – is applicable only to finance companies classified as NBFC-MFI (non-banking finance company-microfinance institution). This category of lender accounts for just about a third of loans to the microfinance...

  • PRO Panorama

    Moneycontrol Pro Panorama | Can ‘bad bank’ be the silver bullet for bad loans?

    Sep 17, 2021 / 04:04 PM IST

    In today’s edition of Moneycontrol Pro Panorama: All-out war on NPAs, state of the economy, Weekly Tactical, the disinvestment clock, why Zomato should spill the beans, rate hike pot boils and more  

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers