Publication: India : The Regulation of Microfinance - An Analysis of Recent Proposals
Date
2006-03
ISSN
Published
2006-03
Author(s)
World Bank
Abstract
The Indian microfinance community has
been pushing for legal and regulatory reform for several
years, motivated primarily by two desires: (i) formal legal
recognition and legitimization of the various types of
microfinance institutions (MFIs) operating in India and (ii)
legal permission to engage in deposit-taking with lower and
fewer entry barriers. Members of the microfinance community
have engaged with the Government of India in a dialogue
regarding the regulation of microfinance service delivery,
arguing that there is a need for reform to facilitate
expansion of outreach through microfinance to the millions
of Indians who currently do not have access to financial
services. Various stakeholders have proposed a range of
possible reform measures, which vary in their approaches and
in their potential effects on the microfinance sector.
Citation
“World Bank. 2006. India : The Regulation of Microfinance - An Analysis of Recent Proposals. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/0520de83-2215-5284-8bf2-90447d6011ec License: CC BY 3.0 IGO.”