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Private Equity funds step up investments in MFIs
High interest and repayment rates make micro-finance institutions profitable Private equity (PE) investments in microfinance institutions (MFIs), which fell by 12 per cent last year (2009), have recovered this year. Between January and June this year, MFIs have attracted PE investment totalling $84 million (about Rs 386.4 crore) — an increase of a little over 15 per cent over the first half