Update on Microfinance Sector after demonetization

December 21, 2016Posted By Admin

Local politicians in the districts of Maharashtra region have alleged that MFIs have resorted to coercive recovery and harassment of women for repayment. As a result, the Chief Minister of Maharashtra has ordered an SIT to probe violations by NBFC-MFIs. It is expected that the SIT will be formed in a few weeks and will […]


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