![]() Financial Daily from THE HINDU group of publications Saturday, Feb 05, 2005 |
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Money & Banking
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Credit Market More panels on micro credit for urban poor Our Bureau
New Delhi , Feb. 4 THE Task Force on Micro-credit for the urban poor and informal sector, which held its first meeting here, has decided to set up various sub-committees to examine issues concerning the sector. These issues include structure, delivery mechanism, capacity building, financial sources and impediments in the flow of funds as also the regulatory and administrative support required. Representatives from the Reserve Bank of India, nationalised banks, Nabard, SIDBI and private financial institutions and rating agencies, such as HDFC, ICICI and ICRA, were present at the meeting, an official release said. "It was decided to seek briefs from all the taskforce members on the status of the activities undertaken by each one of them," it said.
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