Where Angels Prey

Where Angels Prey is a novel by Ramesh S Arunachalam. Please refer to www.whereangelsprey.com for more information

Wednesday, August 31, 2011

Microfinance institutions should be permitted to transform into banks as it will help them improve services and reduce costs

Ramesh S Arunachalam
Before allowing MFIs to become banks, the Reserve Bank of India must ensure that these institutions are equipped with adequate due diligence and sound KYC policies and procedures

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