4 results
- Nov, 2011Growth slows, followed by the decline The 2010 crisis in Andhra Pradesh (AP) halted the rapid expansion of the Indian microfinance market, causing a high concentration of microfinance institutions in AP to become unsustainable. For the first time,...
- May, 2011Last week, the Reserve Bank of India (RBI) issued new regulations for microfinance providers, based on the conclusions of the Malegam Committee. Since the regulations contain several provisions that can be analyzed using public data on the sector, we...
- Jan, 2011Looking forwardIndian MFIs rely on debt to finance most of their operations, with most of these funds coming from Indian banks based on priority-sector lending arrangements. During the crisis in Andhra Pradesh, this stock of debt has been seen as both a...
- Nov, 2010As observers of the current microfinance situation in Andhra Pradesh disentangle the contributing factors leading up to this current crisis, a number of proposals for avoiding future crises have emerged. Many of these proposals tap the same central...
