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Andhra Pradesh and Telangana Micro Finance Acts of 2011 reviewed for constitutionality; NBFCs under RBI excluded.

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....Constitutional validity of the Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2011 and Telangana Micro Finance Institutions (Regulation of Money Lending) Act, 2011 - NBFCs operating in the States of Telangana and Andhra Pradesh registered with the RBI would be excluded from the purview of the above two enactments. - HC....

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