https://www.taxtmi.com/news?id=3278 The Department of Financial Services is formulating the Micro Finance Institutions (Development and Regulation) Bill 2012 to provide a formal statutory framework to promote, develop, regulate and orderly grow the microfinance sector and thereby facilitate universal access to integrated financial services for the unbanked population, in response to constraints on MFIs including limited financing sources, an unclear regulatory environment, weak management information systems and insufficient trained management talent. en-us Fri, 11 May 2012 18:37:03 +0530 Fri, 11 May 2012 18:37:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3278 The Department of Financial Services is formulating the Micro Finance Institutions (Development and Regulation) Bill 2012 to provide a formal statutory framework to promote, develop, regulate and orderly grow the microfinance sector and thereby facilitate universal access to integrated financial services for the unbanked population, in response to constraints on MFIs including limited financing sources, an unclear regulatory environment, weak management information systems and insufficient trained management talent. News - Fri, 11 May 2012 18:37:03 +0530 https://www.taxtmi.com/news?id=3278