Where Angels Prey

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

Friday, January 14, 2011

Supervision of Priority Sector Obligations and NBFC MFIs: Some Suggestions for The RBI…

Ramesh S Arunachalam
Rural Finance Practitioner

Two sets of issues dominate the aspect of supervision of NBFCs that cater to low income people in India: a) Priority Sector Obligations; and b) The Supervision of NBFC MFIs as legitimate financial intermediaries

The present crisis has thrown up several issues and lessons and these have been compiled into a rudimentary framework for supervision of priority sector and NBFC MFIs…Read on…

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