Let the World Know
In what could be a major setback to microfinance institutions, the Andhra Pradesh government proposes to set up a non-banking financial company to cater to the needs of self-help groups. The state government proposal involves roping in Andhra Bank as an equity partner. However, the chairman and managing director of the lender, R Ramachandran, says it is too early to comment on the proposed outfit.
more...
This Link has no Comments at all!
New User?