Microfinance needs reform more than credit backstops if India wants to avert another crisis in this sector

Microfinance needs reform more than credit backstops if India wants to avert another crisis in this sector

Summary

Liquidity support by the Centre may offer symptomatic relief, but India’s microfinance sector needs a structural recast. Without reforms to address recurring ...

Description

Liquidity support by the Centre may offer symptomatic relief, but India’s microfinance sector needs a structural recast. Without reforms to address recurring ...

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