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MFIN seeks RBI's intervention to enable MFIs collect dues

Last Updated: Tuesday, April 10, 2012, 18:33

Microfinance Institutions Network (MFIN) on Tuesday sought RBI's intervention to enable micro lenders to collect their Rs 7,000 crore dues, which is stagnated since November 2010 in Andhra Pradesh.

Budget 2012: Ailing MFIs hail move to bring in Central law

Last Updated: Sunday, March 18, 2012, 17:26

The crisis-ridden microfinance sector has welcomed the budgetary announcement to table the new MFI Bill, saying the regulatory clarity will help in the resumption of bank funding.