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Regulatory mechanism on Micro Finance Institutions operating in private sector

News and Press Release - Dated:- 25-11-2016 - Press Information Bureau Government of India Ministry of Finance 25-November-2016 17:25 IST Micro Finance Institutions (MFIs) in India can operate in different forms- Non-Banking Financial Companies - Mic .....

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ending laws of State Governments. RBI regulates microfinance entities which are having corporate (company) legal structures i.e. NBFC-MFIs. NBFC-MFIs are regulated by RBI under the provisions of Chapter IIIB of the RBI Act, 1934. RBI has issued regul .....

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