@Anand6
Currently is there any limit on loans (valuewise or numberwise) that can be given to a borrower specified by RBI for MFIs?
Or any strict guidelines by RBI that secures our MFIs from the repeat telecast of AP debacle.
I’m just trying to understand that how AP like scenario can be avoided in the under-penetrated north India. Though RBI intervention has improved the regulations but are they enough to prevent another blunder.
Disc: tracking position. Building conviction!
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