RBI against letting MFIs collect small deposits

Last updated: 19 October 2011

Indias central bank has objected to a government proposal to allow microlenders to collect small deposits from poor borrowers. The Reserve Bank of India (RBI) has said it is concerned about the safety of the money deposited with microlenders, said two finance ministry officials, who

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category Others   Report

Comment   Share
  3315 Views
Comments

Recent News :

  1. Income Tax Department Flags Transaction Mismatch, Urges Taxpayers to Review AIS Before 31st Dec
  2. Parliament Enacts Health Security se National Security Cess Act to Fund Security, Public Health
  3. Taxpayers Get 31st Dec Deadline: Undisclosed Property, Bank Deposits Under Scanner
  4. Lok Sabha Passes Insurance Law Amendment Bill 2025
  5. No New GoM on GST Revenue Losses Yet, Says FM Sitharaman
  6. GST Rate on Apparel Rationalised; 18% Tax for Garments Above Rs 2500
  7. GST Fraud: Four Arrested for Rs 37.87 Crore Tax Evasion Using Fake Firms
  8. GST Automation Playing Key Role in Tackling Tax Evasion: Finance Ministry
  9. Fake GST Registrations Led to Rs 31,000 Crore Tax Evasion, Govt Tells Lok Sabha
  10. ICAI Releases Updated UDIN Portal Manual: New Features for GST, Tax Audit & Certificates

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category