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Rbi Concerned About Micro Finance Bodies

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Our Banking Bureau BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:25 AM IST

The Reserve Bank of India (RBI) has expressed concern at the uneven growth of micro finance institutions across the country and the diverse rates of interest being charged of their members.

While pointing out that it has been the endeavour of the central bank to foster an enabling environment for the growth and development of this sector, Vepa Kamesam, deputy governor, said,

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First Published: Aug 08 2003 | 12:00 AM IST

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