<h1>RBI Deputy Governor Unveils Revised Microfinance Regulations: Focus on Customer Protection, Financial Inclusion, and Responsible Lending.</h1> The Deputy Governor of the Reserve Bank of India highlighted the revised regulatory framework for the microfinance sector aimed at enhancing customer protection and fostering financial inclusion. The framework addresses issues like over-indebtedness, pricing transparency, and regulatory arbitrage. It introduces a uniform household income limit for borrowers and emphasizes repayment capacity over indebtedness. The framework also promotes competition, transparency, and flexibility in loan offerings. The Deputy Governor stressed the importance of ethical conduct, responsible lending, and the role of technology in improving microfinance services. The revised regulations are expected to drive inclusive growth and responsible lending practices.