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…