Microfinance in India: ‘Road to Redemption’
Despite the public failure of SKS Microfinance in Andhra Pradesh in 2010, the microfinance industry is starting to gain the confidence of investors and banks, according to this Economist post. The industry is starting to revive, with the central role played by regulators this time. Microlenders are attracting capital, and loan books are witnessing a steady rise. Read more here.
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