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.
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.
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.
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.
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.
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