Government to enact legislation on micro-finance

Print
 
Feb 2006
New Delhi, India, February, 22 2006 - The Union Cabinet on Thursday approved enactment of a legislation for development and regulation of micro finance sector.

The Micro Financial Sector (Development and Regulation) Bill, 2007, is proposed to be introduced in Parliament during the budget session beginning on Friday.

The legislation will provide a legal framework for entities engaged in micro finance and facilitate flow of financial services to the un-banked population of the country.



 

Research Analysis Tools

The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

Learn More