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Bankers discuss restructuring of MFI loans with RBI

PUBLISHED ON: December 22, 2010 | Duration: 1 min, 53 sec

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With microfinance industry continues to face numerous challenges, lenders in the sector are now worried about the possible impact on their loans. In a meeting, the Indian Banks' Association has taken up the matter with the Reserve Bank of India. Banks gave more than Rs. 10,000 crore in loans to microfinance institutions during the last fiscal.
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