SKS Microfinance has hoped that the Malegan committee report could set the house in order if the Government accepted its recommendations on microfinance institutions.
“The report can resolve the situation. If they implement the committee recommendations, there will be no need for the Andhra Pradesh Act on microfinance institution Act,” Mr Vikram Akula, Chairperson of SKS Microfinance Ltd, told Business Line .
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.