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Centre nods for Micro Finance Bill 11 May 2012
The Reserve Bank of India will hereafter regulate the activities of micro finance intuitions (MFIs). The cabinet has nodded for the bill. Micro Financial Sector Development and Regulation Bill, 2011. The Bill will be introduced in the parliament for the...
Keywords: Centre, Centre, micro finance institutions, Micro Financial Sector Development and Regulation Bill
Read MoreRs 20000 crore MUDRA Bank 08 April 2015
Prime Minister Narendra Modi launched MUDRA Bank which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs). Big industrial houses provide jobs to only 1.25 crore people, while...
Keywords: Micro finance, MUDRA Bank, Prime Minister, Finance Minister
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