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  • Special Debate: Microfinance Credit Bubbles and Self-Regulation

    Is there a microfinance bubble in India?  Can self-regulation help prevent it?   Directors of leading Indian MFIs, Vijay Mahajan of BASIX and P.N. Vasudevan of Equitas share their views on whether such a bubble exists, as well as what Indian MFIs are doing to prevent one from happening.  Daniel Rozas and Sanjay Sinha provide an update on the level of saturation in the Indian microfinance market, and discuss their thoughts on whether self-regulation by Indian MFIs can be effective at controlling overlending. 1 comment

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