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Parliamentary panel asks to bring fresh Micro Finance Bill

Last Updated: Monday, February 17, 2014, 18:26

A Parliamentary panel has rejected the bill on micro-finance institutions (MFIs) and asked the government to bring a fresh legislation before Parliament.

FM hopeful of early passage of micro finance Bill

Last Updated: Tuesday, November 27, 2012, 11:07

Finance Minister P Chidambaram on Tuesday said the proposed Bill on micro-finance institutions will provide adequate legislative framework for development and regulation of the sector.

Cabinet clears Micro Finance Bill; RBI to regulate MFIs

Last Updated: Friday, May 11, 2012, 00:03

The Union Cabinet Thursday approved a bill to regulate the micro finance industry and bring the micro lenders under the purview of the Reserve Bank.

MFI sector needs regulation: Kidwai

Last Updated: Sunday, November 20, 2011, 21:39

Pitching for early enactment of the Micro Finance Bill, HSBC India Chief Naina Lal Kidwai has said the MFI sector has huge potential but needs regulations for growth.

Govt likely to introduce Micro-Finance Bill in Winter Session

Last Updated: Thursday, November 03, 2011, 15:12

The government is likely to introduce a Bill that seeks to make it mandatory for all micro-finance institutions to be registered with the Reserve Bank of India and entrusts the task of regulating the sector to the central bank in the Winter Session of Parliament.