The Journey of Indian Micro-Finance: Lessons For The Future

The book, "The Journey of Indian Micro-Finance: Lessons For the Future" can be ordered on the web from Aapti Publications from July 22nd 2011 at http://www.indian-microfinance-future.com/ and it will also be available at stores in major metros in India by end July/early August, 2011. If interested, please read a review of the book by Ms Sucheta Dalal, Managing Editor, Money Life, at http://www.moneylife.in/ or http://www.suchetadalal.com/

Tuesday, September 20, 2011

Should for-profit companies be permitted to act as business correspondents for banks?

Ramesh S Arunachalam
DFIs and banks, including SIDBI, have miserably failed in their due diligence of NBFC MFIs, and expecting them to do this with regard to the business correspondent model is somewhat naïve. The RBI should undertake an examination of the grass-roots realities before implementing the new initiatives for financial inclusion
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