Malegam-med

a day after after the initial optimism, the mfis figure that the old adage of ‘what one hand giveth, the other taketh away’ fits the malegam committee report perfectly.

A day after a central bank appointed committee submitted its report, small microfinance institutions (MFIs) say the recommendations if accepted would wipe away their presence in the sector because of stringent capital requirements.

a story that i wrote with my colleague John Samuel Raja D.

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