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Sify Home >> Finance >> Others >> Some facts about India's microfinance sector

Some facts about India's microfinance sector

Microfinance
India's fast-growing microfinance sector has attracted regulatory scrutiny following allegations of aggressive collection practices and borrower suicides, with the finance minister calling for a code of conduct on interest rates and recovery norms.

The new developments promise to bring about an era of change to a sector that has seen surging growth. Here are some facts about the microfinance sector.

Text: Reuters

Images: AFP



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