Posts Tagged ‘AP Ordinance on Microfinance’

AP High Court adjourns hearing on microfinance ordinance till Friday

Microfinance Focus, Oct 20, 2010: The Andhra Pradesh High Court has today adjourned the hearing of the petition filed by MFIN (Microfinance Institutions Network) against the microfinance ordinance issued by AP government last week. The hearing is adjourned till Friday, 22nd of Oct. MFIN also conducted a board meeting today to discuss the current crisis, the issues around it and to look at ways forward. When ... Full story

Malegam to head RBI’s sub-committee for microfinance institutions

Microfinance Focus, Oct 20, 2010: Yezdi H Malegam, a long-standing member of RBI’s central board and a chartered accountant has been appointed by the Reserve Bank of India to head a sub-committee to study concerns in the micro-finance sector. The committee is expected to submit its report in three months. According to media reports, the sub-committee would be conducting a study of concerns about high interest ... Full story
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