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Govt.: MUDRA Not to Regulate Micro Finance Institutions (MFIs) - (18 Jan 2016)

Government has said that Reserve Bank of India would continue to regulate MFIs registered as Non-Banking Finance Companies (NBFCs) with central bank. MFIs will not be regulated by Micro Units Development and Refinance Agency (MUDRA) Bank, as proposed by the finance ministry earlier.

Tags : GOVERNMENT  R ESERVE BANK OF INDIA   MFIS   MUDRA  

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