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Microfinance India Summit

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'India should not be singled out as the obstructionist'

India has said that developed countries should "not expect miracles" at the key Copenhagen climate summit in December and the goals sought for emission controls should be more "realistic." "We......

Future of digital payments in India

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.' IMAGE: Cutlery vendor switches on Paytm at a roadside......

'India needs insurers catering to niche sectors like NBFCs, MFIs'

India has a huge untapped population which doesn’t have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to......

Bad old moneylenders are back with a vengeance

In his valedictory address at the Microfinance India Summit in New Delhi on Wednesday, Rural Development Minister Jairam Ramesh may have called microfinance "a discredited model" in "a danger......

FM hopeful of early passage of micro finance Bill

Finance Minister P Chidambaram said on Tuesday the proposed Bill on micro-finance institutions will provide adequate legislative framework for development and regulation of the sector.The Micro......

Don't over-regulate MFIs, teaser loans: Economist

Chief economic advisor in the finance ministry, Kaushik Basu, said on Thursday there should not be too much financial regulation with regard to microfinance institutions and teaser loan rates......

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